KVH Industries (KVHI) Downgraded by ValuEngine
KVH Industries (NASDAQ:KVHI) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.
A number of other equities research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of KVH Industries from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Wednesday, October 18th. Needham & Company LLC reissued a “buy” rating on shares of KVH Industries in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $10.67.
KVH Industries (KVHI) traded down $0.40 during mid-day trading on Tuesday, reaching $9.80. 28,011 shares of the company traded hands, compared to its average volume of 64,293. KVH Industries has a 1-year low of $7.65 and a 1-year high of $12.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.30 and a quick ratio of 1.80.
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About KVH Industries
KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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