Jenoptik (JNPKF) Expected to Announce Earnings on Tuesday

Jenoptik (OTCMKTS:JNPKF) is projected to issue its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.2671 per share and revenue of $275.8350 million for the quarter.

Jenoptik Stock Performance

JNPKF traded down $0.14 during trading on Tuesday, hitting $40.35. 4,525 shares of the company traded hands, compared to its average volume of 2,777. The stock’s 50-day simple moving average is $32.48 and its two-hundred day simple moving average is $26.44. Jenoptik has a 1 year low of $19.33 and a 1 year high of $40.66.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JNPKF. Deutsche Bank Aktiengesellschaft raised shares of Jenoptik from a “hold” rating to a “buy” rating in a research note on Friday, January 30th. Oddo Bhf cut shares of Jenoptik to a “neutral” rating in a research note on Monday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Jenoptik Company Profile

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.