A statement released earlier today by Roth Capital about Alarm.com (NASDAQ:ALRM) bumps the target price to $33.50
- Updated: October 3, 2016
Roth Capital upped the price target of Alarm.com (NASDAQ:ALRM) to $33.50 reporting a possible upside of 0.16%.
Boasting a price of $28.86, Alarm.com (NASDAQ:ALRM) traded 0.35% higher on the day. With the last stock price close up 16.15% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Alarm.com has recorded a 50-day average of $27.56 and a two hundred day average of $24.93. Volume of trade was down over the average, with 47,303 shares of ALRM changing hands under the typical 276,611
With a total market value of $0, Alarm.com has price-earnings ratio of 122.71 with a one year low of $11.86 and a one year high of $33.13 .
A total of 6 equity analysts have released a ratings update on ALRM. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $25.58.
Brief Synopsis About Alarm.com (NASDAQ:ALRM)
Alarm.com Holdings, Inc. is a platform solution for the connected home. The Company, through its cloud-based services, makes connected home technology accessible to millions of home and business owners. The Company operates through two segments: Alarm.com and Other. The Company's Alarm.com segment represents its cloud-based platform for the connected home and related connected home solutions. Its Alarm.com segment also includes the results of Horizon Analog, which is a research company that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS)-based customer relationship management software tailored for security system dealers. Its Other segment is focused on researching and developing home and commercial automation and energy management products and services in adjacent markets.
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