Digimarc (NASDAQ:DMRC – Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Digimarc to post earnings of ($0.29) per share and revenue of $9.31 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Digimarc Stock Down 5.0 %
DMRC stock opened at $27.46 on Monday. The firm has a market cap of $588.22 million, a price-to-earnings ratio of -14.08 and a beta of 1.66. Digimarc has a twelve month low of $21.00 and a twelve month high of $48.32. The business’s fifty day simple moving average is $38.11 and its two-hundred day simple moving average is $32.89.
Wall Street Analyst Weigh In
Separately, Needham & Company LLC reissued a “buy” rating and issued a $40.00 price objective on shares of Digimarc in a research report on Friday, November 15th.
About Digimarc
Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle.
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