Super Micro Computer (NASDAQ:SMCI) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Thursday.
A number of other equities analysts have also recently commented on SMCI. Zacks Investment Research raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Stifel Nicolaus set a $30.00 target price on shares of Super Micro Computer and gave the company a “hold” rating in a report on Tuesday, August 15th. DA Davidson cut shares of Super Micro Computer from a “buy” rating to a “neutral” rating and cut their target price for the company from $33.00 to $27.00 in a report on Monday, September 18th. Susquehanna Bancshares cut shares of Super Micro Computer from a “positive” rating to a “neutral” rating and cut their target price for the company from $31.00 to $23.00 in a report on Tuesday, September 19th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Super Micro Computer in a report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $28.13.
Shares of Super Micro Computer (SMCI) traded up $0.05 during trading on Thursday, hitting $21.60. 237,270 shares of the stock were exchanged, compared to its average volume of 372,109. The firm has a market cap of $1,049.33, a PE ratio of 16.08, a price-to-earnings-growth ratio of 1.25 and a beta of -0.06. Super Micro Computer has a fifty-two week low of $17.70 and a fifty-two week high of $31.75. The company has a quick ratio of 1.15, a current ratio of 2.34 and a debt-to-equity ratio of 0.12.
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About Super Micro Computer
Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.
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