Electronics For Imaging, Inc. (NASDAQ:EFII) saw unusually-high trading volume on Thursday . Approximately 239,582 shares were traded during trading, a decline of 42% from the previous session’s volume of 410,554 shares.The stock last traded at $29.19 and had previously closed at $28.98.

EFII has been the topic of several recent analyst reports. BidaskClub upgraded Electronics For Imaging from a “hold” rating to a “buy” rating in a research note on Tuesday. Loop Capital cut their target price on Electronics For Imaging to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, January 16th. Citigroup cut their target price on Electronics For Imaging to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, January 16th. TheStreet downgraded Electronics For Imaging from a “c-” rating to a “d+” rating in a research note on Friday, December 14th. Finally, ValuEngine downgraded Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $29.16.

The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -1,459.50 and a beta of 1.09. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.12.

Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings results on Wednesday, January 30th. The technology company reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $256.95 million for the quarter, compared to analysts’ expectations of $256.10 million. Electronics For Imaging had a negative return on equity of 0.13% and a negative net margin of 0.10%. The company’s revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 EPS. As a group, equities analysts anticipate that Electronics For Imaging, Inc. will post -0.43 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pearl River Capital LLC bought a new position in shares of Electronics For Imaging during the 4th quarter valued at $32,000. Cowen Prime Services LLC bought a new position in shares of Electronics For Imaging during the 4th quarter valued at $119,000. Neuburgh Advisers LLC lifted its holdings in shares of Electronics For Imaging by 23.9% during the 4th quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock valued at $172,000 after buying an additional 1,342 shares during the period. Stone Ridge Asset Management LLC lifted its holdings in shares of Electronics For Imaging by 22.8% during the 4th quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock valued at $219,000 after buying an additional 1,640 shares during the period. Finally, Cipher Capital LP bought a new position in shares of Electronics For Imaging during the 4th quarter valued at $251,000.

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About Electronics For Imaging (NASDAQ:EFII)

Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.

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