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Sito Mobile Ltd (NASDAQ:SITO) has been downgraded to Hold in a statement by Craig Hallum earlier today.

Craig Hallum has downgraded Sito Mobile Ltd (NASDAQ:SITO) to Hold in a statement released on 5/25/2017.

Boasting a price of $4.00, Sito Mobile Ltd (NASDAQ:SITO) traded 3.04% higher on the day. With the last stock price close down 58.07% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Sito Mobile Ltd has recorded a 50-day average of $6.02 and a two hundred day average of $4.50. Volume of trade was down over the average, with 11,801 shares of SITO changing hands under the typical 288,486

Performance Chart

Sito Mobile Ltd (NASDAQ:SITO)

With a total market value of $0, Sito Mobile Ltd has with a one year low of $1.71 and a one year high of $7.50 .

A total of 4 equity analysts have released a ratings update on SITO. One equity analyst rating the company a strong buy, two 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 $6.94.

Brief Synopsis About Sito Mobile Ltd (NASDAQ:SITO)

SITO Mobile, Ltd. operates a mobile location-based advertising platform serving businesses, advertisers and brands. The Company's offerings include SITO Location-Based Advertising and SITO Mobile Messaging. SITO Location-Based Advertising delivers display advertisements and videos on behalf of advertisers, including various features, such as Geo-fencing, Verified walk-in, Behavioral Targeting, and Analytics and Optimization. Geo-fencing targets customers within a certain radius of location and uses technology to push coupons, advertisements and promotions to mobile applications. Verified Walk-in tracks foot-traffic to locations and which advertisements drive action. Behavioral Targeting tracks past behaviors over 30 to 90 day increments allowing for real-time campaign management. Analytics and Optimization is a culling and building measurement system. SITO Mobile Messaging is a platform for building and controlling programs, including messaging and customer incentive programs.

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