Research Analysts Set Expectations for Datawind Inc’s Q2 2017 Earnings (DW)
Datawind Inc (TSE:DW) – Research analysts at Cormark cut their Q2 2017 EPS estimates for shares of Datawind in a research report issued to clients and investors on Wednesday. Cormark analyst H. Mak now forecasts that the brokerage will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.01. Cormark also issued estimates for Datawind’s Q3 2017 earnings at $0.01 EPS, Q4 2017 earnings at $0.02 EPS and FY2017 earnings at $0.04 EPS.
Separately, Haywood Securities reiterated a “buy” rating and set a C$4.50 price target on shares of Datawind in a research report on Wednesday, September 7th.
Shares of Datawind (TSE:DW) remained flat at $1.23 during midday trading on Thursday. The company had a trading volume of 37,500 shares. The firm’s 50 day moving average is $1.26 and its 200-day moving average is $1.51. Datawind has a 52 week low of $1.11 and a 52 week high of $2.52. The firm’s market cap is $27.20 million.
DataWind Inc (DataWind) is a Canada-based provider of Internet connectivity for the emerging markets. The Company’s Internet Delivery Platform offers a low-cost Internet connectivity solution by bundling a tablet device with an Internet browsing second-generation (2G) service plan. DataWind offers eight models of its tablet device, the UbiSlate, and three models of its smartphone device, the PocketSurfer.
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