Csquare (NYSE:CSQR) Reaches New 52-Week Low – Here’s What Happened

Csquare, Inc. (NYSE:CSQR) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $17.85 and last traded at $18.01, with a volume of 1182043 shares. The stock had previously closed at $18.35.

Analyst Ratings Changes

Several brokerages have weighed in on CSQR. Royal Bank Of Canada assumed coverage on Csquare in a report on Monday, August 10th. They set an “outperform” rating and a $24.00 price target on the stock. BMO Capital Markets assumed coverage on Csquare in a research note on Monday, August 10th. They issued an “outperform” rating and a $26.00 price objective for the company. JPMorgan Chase & Co. started coverage on Csquare in a research report on Monday, August 10th. They set a “neutral” rating and a $24.00 price objective for the company. Morgan Stanley started coverage on Csquare in a research report on Monday, August 10th. They set an “overweight” rating and a $26.00 price objective for the company. Finally, TD Cowen started coverage on shares of Csquare in a research note on Monday, August 10th. They set a “buy” rating and a $28.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Csquare currently has an average rating of “Buy” and a consensus price target of $28.44.

Csquare Trading Down 1.9%

About Csquare

Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.