A number of firms have modified their ratings and price targets on shares of Square (NYSE: SQ) recently:
Square Inc. (NYSE:SQ) traded down 1.608% during midday trading on Monday, hitting $12.545. The company had a trading volume of 3,620,924 shares. Square Inc. has a 12-month low of $8.06 and a 12-month high of $15.91. The company’s 50 day moving average is $11.68 and its 200 day moving average is $10.71. The stock’s market cap is $4.42 billion.
Square (NYSE:SQ) last issued its earnings results on Tuesday, November 1st. The company reported ($0.09) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.02. Square had a negative return on equity of 31.99% and a negative net margin of 12.55%. The company earned $439 million during the quarter, compared to the consensus estimate of $374.36 million. The firm’s revenue was up 50.9% on a year-over-year basis. On average, equities analysts anticipate that Square Inc. will post ($0.55) EPS for the current fiscal year.