Sizmek Inc. (SZMK) Trading Up 0.9%
Sizmek Inc. (NASDAQ:SZMK)’s share price was up 0.9% during mid-day trading on Wednesday . The company traded as high as $2.34 and last traded at $2.28, with a volume of 77,557 shares traded. The stock had previously closed at $2.26.
A number of equities analysts recently issued reports on SZMK shares. Roth Capital reiterated a “hold” rating on shares of Sizmek in a research report on Tuesday, March 22nd. Zacks Investment Research cut shares of Sizmek from a “hold” rating to a “sell” rating in a research report on Saturday, April 9th.
The firm’s market capitalization is $66.97 million. The stock’s 50-day moving average is $2.39 and its 200 day moving average is $2.91.
Sizmek (NASDAQ:SZMK) last posted its earnings results on Tuesday, May 10th. The company reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.18. On average, equities analysts predict that Sizmek Inc. will post ($0.25) earnings per share for the current year.
An institutional investor recently raised its position in Sizmek stock. Morgan Stanley raised its stake in Sizmek Inc. (NASDAQ:SZMK) by 3.1% during the fourth quarter, Holdings Channel reports. The fund owned 296,732 shares of the company’s stock after buying an additional 8,935 shares during the period. Morgan Stanley owned approximately 1.00% of Sizmek worth $1,083,000 at the end of the most recent reporting period.
Sizmek Inc (Sizmek) is an open ad management company. The Company operates an independent online advertisement campaign management and distribution platform. The Company helps advertisers, agencies and publishers engage with consumers across multiple online media channels (mobile, display, video and social).
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.