SITO Mobile, Ltd. (NASDAQ:SITO) Scheduled to Post Earnings on Monday
SITO Mobile, Ltd. (NASDAQ:SITO) is scheduled to be releasing its earnings data on Monday, August 14th. Analysts expect SITO Mobile to post earnings of ($0.02) per share for the quarter.
Shares of SITO Mobile, Ltd. (NASDAQ SITO) opened at 4.21 on Monday. SITO Mobile, Ltd. has a one year low of $1.71 and a one year high of $6.48. The firm’s market capitalization is $87.07 million. The company has a 50-day moving average price of $4.46 and a 200 day moving average price of $3.19.
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Several research firms recently issued reports on SITO. ValuEngine raised shares of SITO Mobile from a “sell” rating to a “hold” rating in a research note on Saturday, July 22nd. Zacks Investment Research lowered shares of SITO Mobile from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Craig Hallum lowered shares of SITO Mobile from a “buy” rating to a “hold” rating and set a $4.00 price objective for the company. in a research note on Thursday, May 25th. Maxim Group reaffirmed a “buy” rating and issued a $4.00 price objective on shares of SITO Mobile in a research note on Monday, May 15th. Finally, Ladenburg Thalmann Financial Services lifted their price objective on shares of SITO Mobile from $7.20 to $7.80 and gave the company a “buy” rating in a research note on Thursday, May 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. SITO Mobile has an average rating of “Hold” and a consensus price target of $5.34.
In other news, Director Itzhak Fisher bought 100,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The shares were purchased at an average price of $3.47 per share, for a total transaction of $347,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 6.50% of the company’s stock.
SITO Mobile Company Profile
SITO Mobile, Ltd. operates a mobile location-based advertising platform serving businesses, advertisers and brands. The Company’s offerings include SITO Location-Based Advertising and SITO Mobile Messaging. SITO Location-Based Advertising delivers display advertisements and videos on behalf of advertisers, including various features, such as Geo-fencing, Verified walk-in, Behavioral Targeting, and Analytics and Optimization.
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