DASAN Zhone Solutions Inc (NASDAQ:DZSI) has earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus target price of $10.00 for the company, according to Zacks. Zacks has also given DASAN Zhone Solutions an industry rank of 191 out of 265 based on the ratings given to related companies.
A number of brokerages have recently weighed in on DZSI. Zacks Investment Research lowered shares of DASAN Zhone Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine lowered shares of DASAN Zhone Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th.
Shares of DASAN Zhone Solutions (DZSI) traded down $0.14 during trading hours on Thursday, hitting $9.19. 14,453 shares of the stock were exchanged, compared to its average volume of 12,933. The firm has a market cap of $150.43, a price-to-earnings ratio of -17.34 and a beta of 4.34. DASAN Zhone Solutions has a 12 month low of $4.25 and a 12 month high of $9.68. The company has a current ratio of 1.80, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08.
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About DASAN Zhone Solutions
DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.
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