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Sungy Mobile Ltd logoCitigroup Inc. began coverage on shares of Sungy Mobile (NASDAQ:GOMO) in a research note issued on Friday. The firm set a “neutral” rating and a $11.80 price target on the stock. Citigroup Inc.’s price target would indicate a potential downside of 0.34% from the stock’s previous close.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of Sungy Mobile from a “neutral” rating to an “overweight” rating in a research note on Monday, April 28th.
Sungy Mobile (NASDAQ:GOMO) opened at 11.84 on Friday. Sungy Mobile has a 52-week low of $9.91 and a 52-week high of $33.87. The stock has a 50-day moving average of $12.86 and a 200-day moving average of $18.94. The company has a market cap of $395.5 million and a P/E ratio of 35.32.
Sungy Mobile (NASDAQ:GOMO) last announced its earnings results on Tuesday, May 27th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.04. The company had revenue of $15.60 million for the quarter, compared to the consensus estimate of $15.27 million. The company’s revenue for the quarter was up 63.1% on a year-over-year basis. On average, analysts predict that Sungy Mobile will post $0.63 earnings per share for the current fiscal year.
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That's. Nice grab! Well I guess will see tomorow , I got my order in for pre market just incase it spikes , but I'll only sell 300 at 16.49 .. Just incase lol I've had good luck like that. But good luck to you!