Sizmek Inc. (SZMK) Stock Price Up 0.9%
Sizmek Inc. (NASDAQ:SZMK)’s share price rose 0.9% on Wednesday . The stock traded as high as $2.34 and last traded at $2.28, with a volume of 77,557 shares. The stock had previously closed at $2.26.
SZMK has been the topic of several research analyst reports. 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 company’s market capitalization is $66.97 million. The stock’s 50 day moving average price is $2.40 and its 200 day moving average price is $2.92.
Sizmek (NASDAQ:SZMK) last announced its earnings results on Tuesday, May 10th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.42) by $0.18. On average, equities research analysts expect that Sizmek Inc. will post ($0.25) earnings per share for the current fiscal year.
An institutional investor recently raised its position in Sizmek stock. Royce & Associates LLC increased its position in Sizmek Inc. (NASDAQ:SZMK) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 417,750 shares of the company’s stock after buying an additional 4,200 shares during the period. Royce & Associates LLC owned approximately 1.41% of Sizmek worth $1,525,000 as of its most recent SEC filing.
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).