Inseego (NASDAQ:INSG) had its target price hoisted by Canaccord Genuity from $1.75 to $2.25 in a research note issued to investors on Thursday morning. Canaccord Genuity currently has a hold rating on the technology company’s stock.
Several other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Inseego from a hold rating to a sell rating in a report on Wednesday, January 17th. ValuEngine upgraded shares of Inseego from a strong sell rating to a sell rating in a report on Friday, February 2nd.
Shares of Inseego (INSG) opened at $2.25 on Thursday. The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of -2.59. Inseego has a twelve month low of $0.87 and a twelve month high of $2.60.
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Inseego Company Profile
Novatel Wireless, Inc is a provider of intelligent wireless solutions for the mobile communications market. The Company’s range of products includes intelligent mobile hotspots, universal serial bus (USB) modems, embedded modules, integrated asset-management and mobile tracking machine-to-machine (M2M) devices, communications and applications software and cloud services.
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