FY2016 EPS Estimates for Spectra7 Microsystems Inc Boosted by Analyst (SEV)
Spectra7 Microsystems Inc (CVE:SEV) – Research analysts at Cantor Fitzgerald increased their FY2016 EPS estimates for Spectra7 Microsystems in a research note issued to investors on Tuesday. Cantor Fitzgerald analyst R. Garcea now forecasts that the brokerage will earn ($0.07) per share for the year, up from their previous estimate of ($0.08). Cantor Fitzgerald also issued estimates for Spectra7 Microsystems’ Q4 2016 earnings at $0.00 EPS and FY2017 earnings at $0.00 EPS.
Separately, Mackie cut their price target on shares of Spectra7 Microsystems from C$1.10 to C$1.00 and set a “source of funds” rating on the stock in a report on Thursday, August 25th.
Spectra7 Microsystems (CVE:SEV) opened at 0.39 on Thursday. Spectra7 Microsystems has a 12-month low of $0.30 and a 12-month high of $0.75. The stock’s market capitalization is $49.56 million. The stock has a 50 day moving average price of $0.46 and a 200-day moving average price of $0.56.
About Spectra7 Microsystems
Spectra7 Microsystems Inc is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays.
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