XG Technology, Inc (XGTI) to Release Earnings on Thursday
XG Technology, Inc (NASDAQ:XGTI) is scheduled to announce its earnings results after the market closes on Thursday, August 17th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter.
Shares of XG Technology, Inc (XGTI) opened at 2.3728 on Thursday. XG Technology, Inc has a 12-month low of $1.17 and a 12-month high of $7.30. The stock’s market cap is $26.38 million. The company’s 50-day moving average price is $1.97 and its 200 day moving average price is $1.73.
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A number of equities analysts have weighed in on the company. Maxim Group assumed coverage on XG Technology in a research note on Wednesday, July 19th. They set a “buy” rating and a $4.00 price objective on the stock. Zacks Investment Research lowered XG Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, Roth Capital reissued a “buy” rating and set a $3.50 price objective on shares of XG Technology in a research note on Tuesday, July 18th.
XG Technology Company Profile
xG Technology, Inc develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company is a provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in a range of environments.
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