Rosetta Stone Inc. (NYSE:RST)’s share price was down 0.1% on Friday . The company traded as low as $7.87 and last traded at $7.97, with a volume of 72,992 shares. The stock had previously closed at $7.98.

Separately, Zacks Investment Research cut Rosetta Stone from a “strong-buy” rating to a “hold” rating in a report on Saturday, March 19th.

The company’s market capitalization is $174.69 million. The firm has a 50-day moving average price of $7.51 and a 200-day moving average price of $7.33.

Rosetta Stone (NYSE:RST) last posted its earnings results on Wednesday, May 4th. The company reported ($0.34) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.52) by $0.18. The company had revenue of $48 million for the quarter, compared to the consensus estimate of $47.14 million. During the same period last year, the company posted ($0.95) earnings per share. The firm’s revenue for the quarter was down 17.8% compared to the same quarter last year. Equities analysts anticipate that Rosetta Stone Inc. will post ($1.96) EPS for the current year.

A hedge fund recently raised its stake in Rosetta Stone stock. New York State Common Retirement Fund increased its position in shares of Rosetta Stone Inc. (NYSE:RST) by 3.6% during the fourth quarter, Holdings Channel reports. The firm owned 264,866 shares of the company’s stock after buying an additional 9,200 shares during the period. New York State Common Retirement Fund owned about 1.22% of Rosetta Stone worth $1,772,000 at the end of the most recent reporting period.

Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.

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