RMG Networks Holding Corporation (NASDAQ:RMGN) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating. RMG Networks’ rating score has declined by 200% in the last three months as a result of a number of analysts’ ratings changes.
Analysts have set a 1 year consensus price target of $1.00 for the company and are predicting that the company will post ($0.15) EPS for the current quarter, according to Zacks. Zacks has also assigned RMG Networks an industry rank of 119 out of 265 based on the ratings given to its competitors.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of RMG Networks from a “hold” rating to a “sell” rating in a research report on Saturday, November 11th. Roth Capital lowered shares of RMG Networks from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $3.00 to $1.00 in a research report on Wednesday, November 8th. Finally, ValuEngine lowered shares of RMG Networks from a “hold” rating to a “sell” rating in a research report on Friday, September 1st.
Shares of RMG Networks (RMGN) traded down $0.02 during mid-day trading on Thursday, hitting $0.95. 78,555 shares of the stock were exchanged, compared to its average volume of 23,291. RMG Networks has a 12 month low of $0.91 and a 12 month high of $4.44.
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RMG Networks Company Profile
RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.
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