SITO Mobile Ltd (STTO)

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Zacks: Brokerages Set $7.70 Price Target for Sito Mobile Ltd (NASDAQ:SITO)
December 8th, 2015 - 0 comments - Filed Under - by Jennifer Langley
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Sito Mobile logoSito Mobile Ltd (NASDAQ:SITO) has received a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company.

Brokerages have set a 12-month consensus target price of $7.70 for the company and are expecting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Sito Mobile an industry rank of 27 out of 265 based on the ratings given to its competitors.

Sito Mobile (NASDAQ:SITO) traded up 6.968% on Tuesday, reaching $2.963. 111,274 shares of the company were exchanged. The stock has a 50-day moving average price of $3.26 and a 200 day moving average price of $3.76. Sito Mobile has a 52 week low of $1.50 and a 52 week high of $6.15. The stock’s market capitalization is $50.83 million.