Csquare (NYSE:CSQR) Reaches New 52-Week Low – Here’s Why

Csquare, Inc. (NYSE:CSQR)’s stock price reached a new 52-week low on Friday . The stock traded as low as $19.37 and last traded at $19.42, with a volume of 384897 shares. The stock had previously closed at $20.06.

Analysts Set New Price Targets

CSQR has been the subject of several analyst reports. Bank of America started coverage on shares of Csquare in a research note on Monday, August 10th. They set a “buy” rating and a $46.00 price target for the company. Wells Fargo & Company assumed coverage on Csquare in a research report on Monday, August 10th. They set an “overweight” rating and a $25.00 target price for the company. Royal Bank Of Canada assumed coverage on Csquare in a research report on Monday, August 10th. They issued an “outperform” rating and a $24.00 price target on the stock. Zacks Research raised Csquare to a “hold” rating in a research note on Thursday, August 20th. Finally, TD Cowen began coverage on shares of Csquare in a research report on Monday, August 10th. They set a “buy” rating and a $28.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $28.44.

Csquare Price Performance

Csquare Company Profile

Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.