Zacks Investment Research Upgrades Sajan Inc. (SAJA) to Hold
Sajan Inc. (NASDAQ:SAJA) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Saturday.
According to Zacks, “Sajan, Inc., formerly known as MathStar, Inc., is a provider of global language services and cloud-based translation management software. The Company, through its two operating units, Sajan Global Language Services and Sajan Software, delivers people, process and technology to help enterprises mature their localization programs and global content lifecycle. The Company’s solutions are used by customers to translate product manuals, instructions, warnings, and other product information into numerous languages. Sajan’s hosted technology system delivers a secure online solution that can be offered on a modular basis, which makes it attractive in both small business settings and in large enterprise environments. “
Shares of Sajan (NASDAQ:SAJA) opened at 3.99 on Friday. The firm’s market cap is $19.08 million. Sajan has a 52-week low of $2.45 and a 52-week high of $5.60. The company has a 50-day moving average of $4.14 and a 200 day moving average of $4.28.
Sajan (NASDAQ:SAJA) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by $0.09. Sajan had a negative net margin of 1.25% and a negative return on equity of 6.27%. On average, equities analysts expect that Sajan will post ($0.07) earnings per share for the current year.
Sajan, Inc (Sajan) is a provider of language translation solutions. The Company provides language translation services and technology solutions to companies located throughout the world, particularly in the technology, consumer products, medical and life sciences, financial services, manufacturing and retail industries.
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