Super Micro Computer (SMCI) Lifted to Hold at BidaskClub
BidaskClub upgraded shares of Super Micro Computer (NASDAQ:SMCI) from a sell rating to a hold rating in a research report released on Thursday morning.
SMCI has been the topic of a number of other reports. DA Davidson cut Super Micro Computer from a buy rating to a neutral rating and dropped their target price for the company from $33.00 to $27.00 in a research report on Monday, September 18th. TheStreet cut Super Micro Computer from a b- rating to a c rating in a research report on Tuesday, October 10th. Zacks Investment Research cut Super Micro Computer from a strong-buy rating to a hold rating in a research report on Thursday, October 5th. Maxim Group restated a buy rating and set a $45.00 target price on shares of Super Micro Computer in a research report on Wednesday, November 8th. Finally, KeyCorp restated a hold rating on shares of Super Micro Computer in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Super Micro Computer currently has an average rating of Hold and an average price target of $28.13.
Super Micro Computer (NASDAQ:SMCI) traded up $0.30 during trading hours on Thursday, hitting $22.00. The stock had a trading volume of 1,250,000 shares, compared to its average volume of 336,098. Super Micro Computer has a 52-week low of $17.70 and a 52-week high of $31.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.34 and a quick ratio of 1.15. The firm has a market cap of $1,071.25, a PE ratio of 16.42, a PEG ratio of 1.28 and a beta of -0.06.
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Super Micro Computer Company Profile
Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.
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