Inseego (INSG) Stock Rating Upgraded by ValuEngine

Inseego (NASDAQ:INSG) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Monday.

INSG has been the topic of a number of other research reports. Zacks Investment Research raised shares of Inseego from a “sell” rating to a “hold” rating in a report on Wednesday, February 28th. Canaccord Genuity raised their price objective on shares of Inseego from $1.75 to $2.25 and gave the stock a “hold” rating in a report on Thursday, March 8th.

How to Become a New Pot Stock Millionaire

INSG opened at $2.04 on Monday. The company has a current ratio of 1.11, a quick ratio of 0.77 and a debt-to-equity ratio of -2.82. The company has a market capitalization of $102.36, a P/E ratio of -2.62 and a beta of 0.49. Inseego has a 12-month low of $0.87 and a 12-month high of $2.37.

Inseego (NASDAQ:INSG) last posted its quarterly earnings data on Wednesday, March 7th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.08. The business had revenue of $46.53 million during the quarter, compared to analysts’ expectations of $47.62 million. equities research analysts predict that Inseego will post -0.34 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fusion Family Wealth LLC purchased a new position in shares of Inseego in the fourth quarter worth approximately $237,000. Family Management Corp boosted its holdings in shares of Inseego by 267.9% in the fourth quarter. Family Management Corp now owns 154,500 shares of the technology company’s stock worth $249,000 after buying an additional 112,500 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Inseego by 2.4% in the second quarter. Vanguard Group Inc. now owns 1,050,470 shares of the technology company’s stock worth $1,313,000 after buying an additional 25,100 shares during the last quarter. 7.80% of the stock is currently owned by institutional investors.

WARNING: “Inseego (INSG) Stock Rating Upgraded by ValuEngine” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at

About Inseego

Inseego Corp., together with its subsidiaries, provides software-as-a-service (SaaS) and solutions for Internet of Things (IoT) worldwide. It sells telematics solutions, including fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms under the Ctrack brand; and connectivity solutions and device management services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Inseego Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inseego and related companies with's FREE daily email newsletter.

Leave a Reply