RMG Networks (RMGN) Sees Strong Trading Volume
Shares of RMG Networks Holding Co. (NASDAQ:RMGN) saw strong trading volume on Thursday . 1,417,200 shares were traded during trading, an increase of 515% from the previous session’s volume of 230,443 shares.The stock last traded at $1.00 and had previously closed at $0.81.
Several equities research analysts recently commented on the stock. Roth Capital set a $3.00 price target on shares of RMG Networks and gave the company a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research downgraded shares of RMG Networks from a “hold” rating to a “sell” rating in a research report on Saturday, November 11th.
The stock has a market cap of $17.74, a PE ratio of -2.59 and a beta of 0.39.
RMG Networks 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.
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