Roth Capital set a $3.00 target price on RMG Networks Holding Corporation (NASDAQ:RMGN) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the business services provider’s stock.

RMGN has been the topic of a number of other reports. Zacks Investment Research cut shares of RMG Networks Holding Corporation from a hold rating to a sell rating in a research report on Wednesday, August 9th. ValuEngine cut shares of RMG Networks Holding Corporation from a hold rating to a sell rating in a research report on Friday, September 1st.

RMG Networks Holding Corporation (NASDAQ:RMGN) last announced its quarterly earnings results on Thursday, August 3rd. The business services provider reported ($0.12) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.12). The firm had revenue of $9.09 million for the quarter, compared to analysts’ expectations of $10.10 million. RMG Networks Holding Corporation had a negative net margin of 11.30% and a negative return on equity of 50.92%.

TRADEMARK VIOLATION WARNING: This report was first published by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at

A hedge fund recently raised its stake in RMG Networks Holding Corporation stock. Renaissance Technologies LLC increased its stake in RMG Networks Holding Corporation (NASDAQ:RMGN) by 1.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 267,100 shares of the business services provider’s stock after purchasing an additional 4,600 shares during the quarter. Renaissance Technologies LLC owned about 0.60% of RMG Networks Holding Corporation worth $210,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 10.17% of the company’s stock.

RMG Networks Holding Corporation Company Profile

RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.

Receive News & Ratings for RMG Networks Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMG Networks Holding Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.