Sajan Inc. (SAJA) Stock Rating Upgraded by Zacks Investment Research
Sajan Inc. (NASDAQ:SAJA) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday. The firm presently has a $4.25 price target on the stock. Zacks Investment Research’s target price suggests a potential upside of 8.03% from the stock’s current price.
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 3.934 on Wednesday. Sajan has a one year low of $2.45 and a one year high of $5.60. The company has a 50-day moving average of $3.97 and a 200 day moving average of $4.29. The stock’s market cap is $18.81 million.
Sajan (NASDAQ:SAJA) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.02 earnings per share for the quarter. Sajan had a negative net margin of 0.43% and a negative return on equity of 2.16%. On average, analysts predict that Sajan will post ($0.05) 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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