MaxPoint Interactive Inc. (NASDAQ:MXPT) gapped up prior to trading on Thursday . The stock had previously closed at $8.31, but opened at $8.44. MaxPoint Interactive shares last traded at $9.91, with a volume of 45,728 shares changing hands.

MXPT has been the topic of a number of research analyst reports. Pacific Crest reaffirmed a “hold” rating on shares of MaxPoint Interactive in a report on Wednesday, August 10th. Zacks Investment Research raised MaxPoint Interactive from a “hold” rating to a “buy” rating and set a $9.50 target price on the stock in a report on Wednesday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $5.83.

The firm’s 50 day moving average is $10.81 and its 200-day moving average is $8.73. The stock’s market cap is $61.25 million.

MaxPoint Interactive (NASDAQ:MXPT) last posted its quarterly earnings data on Wednesday, August 10th. The company reported ($0.87) EPS for the quarter, missing the consensus estimate of ($0.81) by $0.06. The company earned $23.20 million during the quarter, compared to analyst estimates of $23.17 million. During the same quarter last year, the firm posted ($0.15) EPS. The company’s revenue was up 8.9% compared to the same quarter last year. On average, analysts forecast that MaxPoint Interactive Inc. will post ($2.99) earnings per share for the current year.

MaxPoint Interactive, Inc is a marketing technology company. The Company provides business intelligence and marketing automation solution. The Company’s MaxPoint Intelligence Platform is a cloud-based software service that enables to predict local demand for national brands based on consumers’ purchase power and intent and manage customized digital advertisements containing in-store offers and promotions to reach consumers at a local level across display, mobile, social and video channels.

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