Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: October 6, 2016
Just yesterday Monotype Imaging Holdings Inc. (NASDAQ:TYPE) traded 0.57% higher at $21.33. Monotype Imaging Holdings Inc.’s 50-day moving average is $21.23 and its 200-day moving average is $22.52. The last stock price is down -5.30% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 179,772 shares of TYPE traded hands, down from an average trading volume of 331,832
Zacks Investment Research has downgraded Monotype Imaging Holdings Inc. (NASDAQ:TYPE) to Sell in a report released on Friday October 07, 2016.
Previously on 2/12/2016, Dougherty & Company released a statement about Monotype Imaging Holdings Inc. (NASDAQ:TYPE) reduced the target price from $35.00 to $30.00. At the time, this indicated a possible upside of 0.32%.
Recent Performance Chart
Monotype Imaging Holdings Inc. has 52 week low of $17.31 and a 52 week high of $27.76 with a PE ratio of 34.68 and has a market capitalization of $0.
Brief Synopsis On Monotype Imaging Holdings Inc. (NASDAQ:TYPE)
Monotype Imaging Holdings Inc. (Monotype) is a provider of type and technology for applications and consumer devices. The Company's business segment operates through development, marketing and licensing of technologies and fonts. Its business includes Creative Professional and original equipment manufacturer (OEM). For Creative Professional market, it provides content across multiple devices and mediums. It offers products, such as Type, which include Monotype Libraries, Monotype, Linotype, FontFont, ITC, Ascender and Bitstream collections; e-commerce Websites; Fonts.com Web Fonts service, and font solutions. For OEM market, it offers solutions for consumer device manufacturers and independent software vendors. It offers technologies, such as screen imaging technologies, printer imaging technologies, cloud-based technology platform and font management. Its solutions are licensed through its direct sales channel, as well as its e-commerce platforms and indirect sales channels.
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