Trade Report: Today: IDI Inc. (COGT) Raised to “Hold” at Zacks Investment Research

Today: IDI Inc. (COGT) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of IDI Inc. (NASDAQ:COGT) from a sell rating to a hold rating in a research report released on Tuesday.

According to Zacks, “IDI, Inc. is an information solutions provider focused on the multi-billion dollar data fusion market. IDI delivers otherwise unattainable insight into the ever-expanding universe of consumer- and business-centric data. Through proprietary linking technology, advanced systems architecture, and a massive data repository, IDI will address the rapidly growing need for actionable intelligence to support the entirety of the risk management industry, for purposes including due diligence, risk assessment, fraud detection and prevention, authentication and verification, and more. Additionally, IDI’s cross-functional core systems and processes are designed to deliver products and solutions to the marketing industry and to enable the public and private sectors to layer our solutions over their unique data sets, providing otherwise unattainable insight. “

Separately, Barrington Research reiterated an outperform rating on shares of IDI in a research note on Tuesday, July 12th.

Shares of IDI (NASDAQ:COGT) opened at 3.64 on Tuesday. IDI has a one year low of $3.53 and a one year high of $6.22. The stock’s market cap is $184.39 million. The company’s 50-day moving average price is $4.89 and its 200-day moving average price is $4.89.

IDI Company Profile

IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.

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