AudioEye (AEYE) Set to Announce Quarterly Earnings on Thursday

AudioEye (NASDAQ:AEYE) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect AudioEye to post earnings of $0.14 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

AudioEye Price Performance

Shares of NASDAQ:AEYE opened at $22.75 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.39. AudioEye has a fifty-two week low of $3.91 and a fifty-two week high of $29.30. The firm has a 50-day simple moving average of $22.79 and a 200 day simple moving average of $21.32. The company has a market cap of $270.27 million, a PE ratio of -81.25, a P/E/G ratio of 5.71 and a beta of 1.03.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AEYE. Craig Hallum boosted their price objective on shares of AudioEye from $20.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, July 26th. HC Wainwright lifted their price target on AudioEye from $23.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, October 1st. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $25.38.

AudioEye Company Profile

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.