GOMO: Sungy Mobile Coverage Initiated by Analysts
Post# of 776
Posted On: 07/26/2014 9:15:35 PM
GOMO: Sungy Mobile Coverage Initiated by Analysts at Citigroup Inc. (GOMO)
July 25th, 2014 - 0 comments - Filed Under - by Micah Haroldson
http://www.watchlistnews.com/sungy-mobile-cov...omo/67693/
Sungy Mobile Ltd logoCitigroup Inc. began coverage on shares of Sungy Mobile (NASDAQ:GOMO) in a research note issued on Friday. The firm set a “neutral” rating and a $11.80 price target on the stock. Citigroup Inc.’s price target would indicate a potential downside of 0.34% from the stock’s previous close.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of Sungy Mobile from a “neutral” rating to an “overweight” rating in a research note on Monday, April 28th.
Sungy Mobile (NASDAQ:GOMO) opened at 11.84 on Friday. Sungy Mobile has a 52-week low of $9.91 and a 52-week high of $33.87. The stock has a 50-day moving average of $12.86 and a 200-day moving average of $18.94. The company has a market cap of $395.5 million and a P/E ratio of 35.32.
Sungy Mobile (NASDAQ:GOMO) last announced its earnings results on Tuesday, May 27th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.04. The company had revenue of $15.60 million for the quarter, compared to the consensus estimate of $15.27 million. The company’s revenue for the quarter was up 63.1% on a year-over-year basis. On average, analysts predict that Sungy Mobile will post $0.63 earnings per share for the current fiscal year.
Stay on top of analysts' upgrades and downgrades with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' ratings changes. Register Now.
July 25th, 2014 - 0 comments - Filed Under - by Micah Haroldson
http://www.watchlistnews.com/sungy-mobile-cov...omo/67693/
Sungy Mobile Ltd logoCitigroup Inc. began coverage on shares of Sungy Mobile (NASDAQ:GOMO) in a research note issued on Friday. The firm set a “neutral” rating and a $11.80 price target on the stock. Citigroup Inc.’s price target would indicate a potential downside of 0.34% from the stock’s previous close.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of Sungy Mobile from a “neutral” rating to an “overweight” rating in a research note on Monday, April 28th.
Sungy Mobile (NASDAQ:GOMO) opened at 11.84 on Friday. Sungy Mobile has a 52-week low of $9.91 and a 52-week high of $33.87. The stock has a 50-day moving average of $12.86 and a 200-day moving average of $18.94. The company has a market cap of $395.5 million and a P/E ratio of 35.32.
Sungy Mobile (NASDAQ:GOMO) last announced its earnings results on Tuesday, May 27th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.04. The company had revenue of $15.60 million for the quarter, compared to the consensus estimate of $15.27 million. The company’s revenue for the quarter was up 63.1% on a year-over-year basis. On average, analysts predict that Sungy Mobile will post $0.63 earnings per share for the current fiscal year.
Stay on top of analysts' upgrades and downgrades with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' ratings changes. Register Now.
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