Canaccord Genuity Reiterates Buy Rating for Top Image Systems (TISA)
January 16th, 2015
Top Image Systems logoTop Image Systems (NASDAQ:TISA)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Thursday. They currently have a $6.50 price objective on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 100.00% from the stock’s previous close.
Top Image Systems (NASDAQ:TISA) remained flat at $3.25 during trading on Thursday. 40 shares of the company’s stock traded hands. Top Image Systems has a 52 week low of $3.20 and a 52 week high of $5.78. The stock’s 50-day moving average is $3.36 and its 200-day moving average is $3.83. The company’s market cap is $54.9 million.
Top Image Systems (NASDAQ:TISA) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.09. The company had revenue of $10.70 million for the quarter, compared to the consensus estimate of $10.64 million.
Top Image Systems Ltd (NASDAQ:TISA) develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners and employees. Whether originating from electronic, paper, mobile or other sources, TIS solutions deliver digital content to the applications that drive an enterprise by using technologies, including wireless communications, servers, form processing and information recognition systems.
