Datawind Inc (TSE:DW) – Cormark reduced their Q2 2017 earnings per share (EPS) estimates for Datawind in a report released on Wednesday. Cormark analyst H. Mak now anticipates that the brokerage will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.01. Cormark also issued estimates for Datawind’s Q3 2017 earnings at $0.01 EPS, Q4 2017 earnings at $0.02 EPS and FY2017 earnings at $0.04 EPS.
Separately, Haywood Securities reissued a “buy” rating and issued a C$4.50 price target on shares of Datawind in a research note on Wednesday, September 7th.
Shares of Datawind (TSE:DW) remained flat at $1.23 during mid-day trading on Thursday. 37,500 shares of the company traded hands. The firm has a 50-day moving average of $1.25 and a 200-day moving average of $1.51. Datawind has a 52 week low of $1.11 and a 52 week high of $2.50. The firm’s market cap is $27.20 million.
DataWind Inc (DataWind) is a Canada-based provider of Internet connectivity for the emerging markets. The Company’s Internet Delivery Platform offers a low-cost Internet connectivity solution by bundling a tablet device with an Internet browsing second-generation (2G) service plan. DataWind offers eight models of its tablet device, the UbiSlate, and three models of its smartphone device, the PocketSurfer.
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