Zacks Investment Research upgraded Kornit Digital Ltd (NASDAQ:KRNT) to Hold in a report released today.
- Updated: October 4, 2016
Zacks Investment Research has upgraded Kornit Digital Ltd (NASDAQ:KRNT) to Hold in a statement released on 10/5/2016.
On 7/7/2015, Needham released a statement for Kornit Digital Ltd (NASDAQ:KRNT) bumped up the target price from $0.00 to $18.00 that suggested an upside of 0.27%.
Boasting a price of $9.57, Kornit Digital Ltd (NASDAQ:KRNT) traded 1.59% higher on the day. With the last stock price close down -3.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Kornit Digital Ltd has recorded a 50-day average of $10.12 and a two hundred day average of $9.97. Volume of trade was down over the average, with 38,233 shares of KRNT changing hands under the typical 45,043
With a total market value of $0, Kornit Digital Ltd has price-earnings ratio of 74.77 with a one year low of $8.10 and a one year high of $13.50 .
More About Kornit Digital Ltd (NASDAQ:KRNT)
Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company's solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers. The Company categorizes its Direct to Garment (DTG) systems into two groups: entry level and high throughput. The Company's entry-level systems consist of its Breeze and Thunder systems. Its high throughput systems consist of its Avalanche family of systems, Storm II and Paradigm II. Allegro is its Roll to Roll (R2R) printing system. Its ink and other consumables consist of NeoPigment PURE ink, binding agent, priming fluid, wiping fluid and flushing fluid. Its pigment-based inks are available in over seven colors and are formulated for use in its systems.
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