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Spectra7 Microsystems Inc (TSE:SEV) target price lowered to $0.75, reported today by Dundee Securities

Spectra7 Microsystems Inc (TSE:SEV) had its price target dropped to $0.75 by Dundee Securities in a report released 09/27/2016. The reduced target suggests a potential upside of 1.34% based on the company's most recent stock price close.

On 3/21/2016, Dundee Securities released a statement for Spectra7 Microsystems Inc (TSE:SEV) bumped up the target price from $0.00 to $1.00 that suggested an upside of 0.45%.

Boasting a price of $0.32, Spectra7 Microsystems Inc (TSE:SEV) traded -13.51% lower on the day. With the last stock price close down -43.79% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Spectra7 Microsystems Inc has recorded a 50-day average of $0.48 and a two hundred day average of $0.57. Volume of trade was up over the average, with 1,347,555 shares of SEV changing hands over the typical 179,592

Performance Chart

Spectra7 Microsystems Inc (TSE:SEV)

With a total market value of $0, Spectra7 Microsystems Inc has with a one year low of $0.30 and a one year high of $0.75 .

A total of 5 brokerages have released a report on Spectra7 Microsystems Inc. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $0.80.

General Company Details For Spectra7 Microsystems Inc (TSE:SEV)

Spectra7 Microsystems Inc. is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays. The Company operates through the semiconductors segment. The Company's VR products include the VR7050. AR-Connect is an AR interconnect product line. AR-Connect enables AR glasses to connect to a smart phone, processing device or a desktop graphics processing unit (GPU)/laptop processing unit, with a single link. Its DreamWeVR product line includes over four chips, VR-specific connectors and over three head-mounted display (HMD) interconnect configurations. DisplayDirect is a semiconductor product or chip set. The Company's HomeTheater product line consists of a series of semiconductor chips and associated embedded modules.

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