iRobot Corporation (NASDAQ:IRBT) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 29, 2016
Yesterday iRobot Corporation (NASDAQ:IRBT) traded 3.75% higher at $57.88. The company’s 50-day moving average is $49.36 and its 200-day moving average is $41.44. The last stock close price is up 39.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 566,446 shares of the stock were exchanged, up from an average trading volume of 340,238
Zacks Investment Research has downgraded iRobot Corporation (NASDAQ:IRBT) to Hold in a report released on Tuesday November 29, 2016.
Previously on 11/17/2016, Dougherty & Company reported about iRobot Corporation (NASDAQ:IRBT) raised the target price from $0.00 to $65.00. At the time, this indicated a possible upside of 0.22%.
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iRobot Corporation has a 52 week low of $28.02 and a 52 week high of $58.17 with a P/E ratio of 34.95 IRBT’s total market value is presently $0.
A total of 7 equity analysts have released a research note on IRBT. 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 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $35.43.
General Information About iRobot Corporation (NASDAQ:IRBT)
iRobot Corporation is engaged in designing and building robots. The Company's portfolio of solutions focus on technologies for the connected home and concepts in navigation, mobility, mapping and artificial intelligence. The Company operates through consumer robots segment. It designs robots for the consumer, telemedicine and mobile video collaboration markets. The Company's brands include iRobot, Roomba, Scooba, Mint, ViPR, NorthStar, Create, iAdapt, Aware, Home Base, Looj, Braava, AeroForce, uPoint, AeroVac, Mirra and Virtual Wall. The Company offers multiple Roomba floor vacuuming robots. Its consumer products are focused on both indoor and outdoor cleaning applications. The Company focuses on behavior-based, artificially-intelligent systems developed to meet customer requirements in multiple market segments. The Company's Braava automatic floor mopping robots are designed for hard surface floors. Its Looj Gutter Cleaning Robot cleans an entire stretch of gutter.
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