Audioeye (NASDAQ:AEYE) posted its quarterly earnings results on Wednesday. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.08), Fidelity Earnings reports. The firm had revenue of $2.44 million during the quarter, compared to analyst estimates of $2.34 million. Audioeye had a negative net margin of 89.94% and a negative return on equity of 119.57%. Audioeye updated its FY 2019 guidance to EPS.
AEYE stock opened at $4.25 on Friday. Audioeye has a 1-year low of $3.83 and a 1-year high of $12.40. The firm has a market cap of $32.47 million, a P/E ratio of -6.07 and a beta of 1.19. The business’s 50 day moving average is $6.79 and its 200-day moving average is $8.59. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.10.
Several equities analysts have commented on the company. National Securities reaffirmed a “buy” rating and issued a $12.50 price target on shares of Audioeye in a report on Wednesday, May 15th. B. Riley set a $13.00 price target on Audioeye and gave the company a “buy” rating in a report on Friday, May 31st. Finally, Zacks Investment Research raised Audioeye from a “sell” rating to a “hold” rating in a report on Tuesday, July 16th.
Audioeye Company Profile
AudioEye, Inc provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. The company develops patented Internet content publication and distribution software that enables conversion of media into accessible formats, as well as allows for real time distribution on various Internet connected devices.
Recommended Story: What is a Buy-Side Analyst?
Receive News & Ratings for Audioeye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Audioeye and related companies with MarketBeat.com's FREE daily email newsletter.