AVG Technologies NV (AVG) Hits New 52-Week High at $24.93
AVG Technologies NV (NYSE:AVG) hit a new 52-week high during trading on Monday . The stock traded as high as $24.93 and last traded at $24.91, with a volume of 195,900 shares changing hands. The stock had previously closed at $24.88.
Several equities research analysts have commented on AVG shares. Imperial Capital upped their target price on shares of AVG Technologies NV from $21.00 to $25.00 and gave the company an “in-line” rating in a research note on Wednesday, August 10th. JMP Securities cut shares of AVG Technologies NV from an “outperform” rating to a “market perform” rating and set a $25.00 price target for the company. in a report on Monday, August 1st. TheStreet upgraded shares of AVG Technologies NV from a “hold” rating to a “buy” rating in a report on Monday, August 8th. Nomura cut shares of AVG Technologies NV from a “buy” rating to a “neutral” rating and reduced their price target for the company from $30.00 to $25.00 in a report on Friday, July 8th. Finally, Dougherty & Co cut shares of AVG Technologies NV from a “buy” rating to a “sell” rating in a report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.30.
The company has a 50-day moving average of $24.79 and a 200 day moving average of $21.00. The firm has a market capitalization of $1.26 billion and a price-to-earnings ratio of 28.57.
AVG Technologies NV (NYSE:AVG) last posted its earnings results on Monday, August 8th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by $0.01. On average, equities analysts forecast that AVG Technologies NV will post $1.96 EPS for the current fiscal year.
AVG Technologies N.V. (AVG) provides software and online services that deliver peace of mind to users by simplifying, optimizing and securing their Internet experiences. The Company is primarily engaged in the development and sale of online service solutions and Internet security software branded under the AVG name.
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.