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iPass (NASDAQ:IPAS) target price raised to $3.00, reported today by Maxim Group

iPass (NASDAQ:IPAS) had its target price raised to $3.00 by Maxim Group in a report released Wednesday October 19, 2016. The new target price indicates a possible upside of 0.85% based on the company's last stock close price.

Yesterday iPass (NASDAQ:IPAS) traded 0.00% even at $1.62. The company’s 50-day moving average is $1.60 and its 200-day moving average is $1.36. The last stock close price is up 18.75% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 35,422 shares of the stock were exchanged, down from an average trading volume of 145,995

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iPass has a 52 week low of $0.81 and a 52 week high of $1.73 The company’s market cap is currently $0.

About iPass (NASDAQ:IPAS)

iPass Inc. (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users' access to its global Wi-Fi network to stay connected to the people and information. The Company has categorized its services into two approaches: Enterprise and Strategic Partnerships. Enterprise, formerly Open Mobile Enterprise (OME), focuses on providing mobile connectivity solutions to enterprises, from large to small. Strategic Partnerships, formerly Open Mobile Exchange (OMX), is executed through business development deals intended to open channel distributions for its product to reach the consumer market. Strategic Partnerships include global Original Equipment Manufacturers (OEMs), programs, including credit card companies, software product and service providers, and communication companies.

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