Ispire Technology (NASDAQ:ISPR – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Roth Mkm in a note issued to investors on Wednesday, Benzinga reports. They currently have a $12.50 price objective on the stock. Roth Mkm’s price objective points to a potential upside of 98.41% from the company’s current price.
Ispire Technology Price Performance
ISPR stock opened at $6.30 on Wednesday. The stock has a market capitalization of $355.33 million, a P/E ratio of -26.25 and a beta of 2.84. Ispire Technology has a 1-year low of $5.01 and a 1-year high of $19.78. The business has a fifty day moving average price of $7.08 and a 200-day moving average price of $6.88.
Ispire Technology (NASDAQ:ISPR – Get Free Report) last issued its earnings results on Thursday, September 26th. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.04. Ispire Technology had a negative return on equity of 34.23% and a negative net margin of 8.79%. The business had revenue of $37.34 million during the quarter, compared to analyst estimates of $34.00 million. As a group, analysts anticipate that Ispire Technology will post -0.3 earnings per share for the current year.
Institutional Investors Weigh In On Ispire Technology
About Ispire Technology
Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
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