AudioEye (AEYE) Set to Announce Quarterly Earnings on Thursday

AudioEye (NASDAQ:AEYE) will post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect AudioEye to post earnings of $0.14 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

AudioEye Trading Up 2.4 %

NASDAQ AEYE traded up $0.52 on Tuesday, reaching $22.23. The stock had a trading volume of 20,123 shares, compared to its average volume of 174,234. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.39. The stock has a fifty day moving average price of $22.79 and a two-hundred day moving average price of $21.32. AudioEye has a 12-month low of $3.91 and a 12-month high of $29.30. The firm has a market capitalization of $264.09 million, a price-to-earnings ratio of -78.71, a P/E/G ratio of 5.71 and a beta of 1.03.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Craig Hallum boosted their price objective on AudioEye from $20.00 to $30.00 and gave the company a “buy” rating in a report on Friday, July 26th. HC Wainwright boosted their price target on shares of AudioEye from $23.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $25.38.

About AudioEye

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.