Spectra7 Microsystems Inc to Post FY2016 Earnings of ($0.09) Per Share, M Partners Forecasts (SEV)
Spectra7 Microsystems Inc (CVE:SEV) – Analysts at M Partners decreased their FY2016 EPS estimates for shares of Spectra7 Microsystems in a research note issued to investors on Wednesday. M Partners analyst S. Salz now anticipates that the firm will post earnings per share of ($0.09) for the year, down from their prior forecast of ($0.08). M Partners also issued estimates for Spectra7 Microsystems’ FY2017 earnings at ($0.03) EPS.
Separately, Mackie lowered their price target on Spectra7 Microsystems from C$1.10 to C$1.00 and set a “source of funds” rating on the stock in a research note on Thursday, August 25th.
Shares of Spectra7 Microsystems (CVE:SEV) opened at 0.39 on Friday. Spectra7 Microsystems has a 52 week low of $0.31 and a 52 week high of $0.75. The firm’s 50-day moving average price is $0.46 and its 200 day moving average price is $0.56. The company’s market cap is $49.56 million.
Spectra7 Microsystems Company Profile
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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