StockNews.com Initiates Coverage on Symbolic Logic (NASDAQ:EVOL)

Equities research analysts at StockNews.com assumed coverage on shares of Symbolic Logic (NASDAQ:EVOL) in a note issued to investors on Sunday. The brokerage set a “buy” rating on the stock.

Symbolic Logic Stock Up 4.2 %

NASDAQ EVOL opened at $0.50 on Friday. Symbolic Logic has a 1 year low of $0.45 and a 1 year high of $1.16. The company has a fifty day simple moving average of $0.72 and a 200 day simple moving average of $0.92.

About Symbolic Logic

Symbolic Logic, Inc, a research and development organization, focuses on developing proprietary algorithms that model and predict behaviour of dynamic systems. It is also developing a set of tools and technologies for applying symbolic content to physical objects to catalog to track real-world objects.