Airgain Inc (NASDAQ:AIRG) was upgraded by equities researchers at Wunderlich from a “hold” rating to a “buy” rating in a report released on Monday, The Fly reports.
Separately, Northland Securities began coverage on Airgain in a research report on Tuesday, September 6th. They issued an “outperform” rating and a $15.00 price objective on the stock.
Airgain (NASDAQ:AIRG) opened at 12.65 on Monday. Airgain has a 12 month low of $7.36 and a 12 month high of $16.94. The company’s market cap is $93.18 million. The company has a 50 day moving average price of $14.48 and a 200-day moving average price of $13.76.
Airgain (NASDAQ:AIRG) last posted its quarterly earnings data on Tuesday, September 20th. The company reported $0.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.16. The business earned $9.86 million during the quarter. The business’s revenue was up 62.7% on a year-over-year basis. Equities analysts predict that Airgain will post $0.31 earnings per share for the current fiscal year.
Airgain Company Profile
Airgain, Inc is a provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s operations are located primarily in the United States, and most of its assets are located in San Diego, California. It operates through a segment related to the sale of antenna products.