CalAmp Corp. (NASDAQ:CAMP) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: April 20, 2017
Boasting a price of $18.00, CalAmp Corp. (NASDAQ:CAMP) traded -0.06% lower on the day. The last closing price is up 18.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. CAMP has recorded a 50-day moving average of $16.56 and a 200-day moving average of $15.14. 857,389 shares of CAMP traded, up from an avg. volume of 298,977
Zacks Investment Research has downgraded CalAmp Corp. (NASDAQ:CAMP) to Sell in a statement released on 4/20/2017.
CalAmp Corp. has a one year low of $12.13 and a one year high of $18.35 with a PE ratio of 360.00 CalAmp Corp.’s market capitalization is currently $0.
Also covering CalAmp Corp.'s price target, a total of 9 brokerages have issued a ratings update on CalAmp Corp.. The one year target is $22.56 with four brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis About CalAmp Corp. (NASDAQ:CAMP)
CalAmp Corp. (CalAmp) is a provider of wireless communications solutions for a range of applications to customers globally. The Company operates through two business segments: Wireless DataCom and Satellite. The Company's Wireless DataCom segment offers solutions for mobile resource management (MRM) applications, the machine-to-machine (M2M) communications space and other markets that require connectivity anytime and anywhere. The Company's MRM and M2M solutions collect, monitor and report data and intelligence from remote and mobile assets. The Company delivers products, software services and solutions for energy, government, transportation and automotive vertical markets. The Company's Satellite segment develops, manufactures and sells direct-broadcast satellite (DBS) outdoor customer premise equipment and whole home video networking devices enabling the delivery of digital and high definition satellite television services. Its satellite products are sold primarily to EchoStar.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.