Intelligent Protection Management (NASDAQ:IPM) Announces Earnings Results

Intelligent Protection Management (NASDAQ:IPM) announced its earnings results on Wednesday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $6.24 million for the quarter.

Intelligent Protection Management Price Performance

NASDAQ:IPM traded down $0.07 during trading hours on Thursday, reaching $1.90. 98,790 shares of the stock were exchanged, compared to its average volume of 335,030. The stock has a market cap of $17.56 million, a PE ratio of -10.56 and a beta of 0.75. Intelligent Protection Management has a twelve month low of $1.52 and a twelve month high of $2.88. The firm has a 50 day moving average of $2.00 and a 200 day moving average of $1.99.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intelligent Protection Management in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Intelligent Protection Management currently has an average rating of “Hold” and a consensus price target of $6.00.

Intelligent Protection Management Company Profile

Intelligent Protection Management Corp. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. Its solutions include blockchain strategy consulting, blockchain implementation, white label video solutions, and technology licensing.