Spectra7 Microsystems Inc (CVE:SEV) – Research analysts at M Partners reduced their FY2016 earnings per share estimates for Spectra7 Microsystems in a report released on Wednesday. M Partners analyst S. Salz now expects that the firm will post earnings of ($0.09) per share for the year, down from their previous forecast of ($0.08). M Partners also issued estimates for Spectra7 Microsystems’ FY2017 earnings at ($0.03) EPS.
Separately, Mackie reduced their price target on Spectra7 Microsystems from C$1.10 to C$1.00 and set a “source of funds” rating on the stock in a report on Thursday, August 25th.
Spectra7 Microsystems (CVE:SEV) opened at 0.39 on Friday. Spectra7 Microsystems has a one year low of $0.31 and a one year high of $0.75. The firm’s 50-day moving average is $0.46 and its 200 day moving average is $0.56. The company’s market capitalization is $49.56 million.
About Spectra7 Microsystems
Spectra7 Microsystems Inc is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays.
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