Auxilio, Inc. (AUXO) Given Buy Rating at B. Riley
Auxilio, Inc. (NASDAQ:AUXO)‘s stock had its “buy” rating reissued by equities research analysts at B. Riley in a report issued on Friday. They presently have a $6.25 target price on the business services provider’s stock. B. Riley’s price objective would suggest a potential upside of 70.30% from the stock’s previous close.
Separately, Zacks Investment Research cut Auxilio from a “hold” rating to a “sell” rating in a report on Thursday, May 11th.
Auxilio (NASDAQ:AUXO) opened at 3.67 on Friday. Auxilio has a 52-week low of $2.28 and a 52-week high of $6.72. The company has a market cap of $34.87 million and a PE ratio of 7.34. The firm has a 50-day moving average price of $4.56 and a 200-day moving average price of $4.71.
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In other Auxilio news, Director John D. Abouchar bought 15,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were acquired at an average cost of $3.49 per share, for a total transaction of $52,350.00. Following the purchase, the director now directly owns 52,001 shares of the company’s stock, valued at $181,483.49. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.
A number of institutional investors have recently made changes to their positions in AUXO. Virtu KCG Holdings LLC acquired a new position in shares of Auxilio during the second quarter worth $100,000. Dimensional Fund Advisors LP acquired a new position in shares of Auxilio during the second quarter worth $128,000. New Jersey Better Educational Savings Trust acquired a new position in shares of Auxilio during the second quarter worth $246,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Auxilio during the second quarter worth $259,000.
Auxilio Company Profile
Auxilio, Inc is engaged in the business of providing outsourced print management services and cyber security professional services to the healthcare industry, and also to financial institutions, gaming and other industries. The Company also provides information technology (IT) security consulting services.
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