Canaccord Genuity Group reiterated their buy rating on shares of Fonix Mobile (LON:FNX – Free Report) in a research report sent to investors on Tuesday,Digital Look reports. Canaccord Genuity Group currently has a GBX 293 price objective on the stock.
Fonix Mobile Trading Up 4.6%
Shares of FNX opened at GBX 203 on Tuesday. Fonix Mobile has a 12-month low of GBX 143 and a 12-month high of GBX 244. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of £198.18 million, a price-to-earnings ratio of 18.12 and a beta of 0.57. The stock’s 50-day moving average price is GBX 171.46 and its 200 day moving average price is GBX 162.34.
Fonix Mobile (LON:FNX – Get Free Report) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported GBX 12.10 EPS for the quarter. Fonix Mobile had a return on equity of 107.46% and a net margin of 14.27%. As a group, research analysts predict that Fonix Mobile will post 10.9108622 earnings per share for the current year.
About Fonix Mobile
Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.
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