Lionbridge Technologies Inc. (NASDAQ:LIOX)’s share price rose 3.7% on Wednesday . The company traded as high as $4.85 and last traded at $4.80, with a volume of 178,584 shares. The stock had previously closed at $4.63.

LIOX has been the topic of a number of recent research reports. Barrington Research lowered their target price on Lionbridge Technologies from $8.00 to $7.00 and set an “outperform” rating on the stock in a research note on Monday, May 9th. Zacks Investment Research lowered Lionbridge Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th. TheStreet lowered Lionbridge Technologies from a “buy” rating to a “hold” rating in a research note on Friday, June 3rd. Finally, B. Riley reiterated a “buy” rating and set a $6.00 target price on shares of Lionbridge Technologies in a research note on Tuesday.

The company has a market cap of $278.54 million and a PE ratio of 29.57. The company has a 50-day moving average price of $4.35 and a 200-day moving average price of $4.53.

Lionbridge Technologies (NASDAQ:LIOX) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by $0.03. The business earned $144.20 million during the quarter, compared to analyst estimates of $146.35 million. The business’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS. Equities research analysts forecast that Lionbridge Technologies Inc. will post $0.56 earnings per share for the current year.

A hedge fund recently raised its stake in Lionbridge Technologies stock. Dimensional Fund Advisors LP increased its position in shares of Lionbridge Technologies Inc. (NASDAQ:LIOX) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,036,108 shares of the company’s stock after buying an additional 80,305 shares during the period. Dimensional Fund Advisors LP owned about 3.36% of Lionbridge Technologies worth $9,997,000 as of its most recent filing with the SEC.

Lionbridge Technologies, Inc (Lionbridge) is a provider of globalization solutions. The Company provides translation, online marketing, global content management and application testing solutions that ensure local relevancy, global brand consistency and technical usability. The Company operates in three segments: Global Language and Content (GLC), Global Enterprise Solutions (GES) and Interpretation Services.

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