Cormark lowered shares of Datawind Inc (TSE:DW) from a buy rating to a market perform rating in a research note published on Thursday morning.

Several other research firms have also recently commented on DW. Canaccord Genuity lowered their target price on shares of Datawind from C$4.50 to C$0.75 and set a sell rating for the company in a research note on Tuesday. Haywood Securities reaffirmed a buy rating and issued a C$4.50 target price on shares of Datawind in a research note on Wednesday, September 7th.

Shares of Datawind (TSE:DW) opened at 1.23 on Thursday. The stock has a 50 day moving average price of $1.23 and a 200 day moving average price of $1.38. The firm’s market capitalization is $29.06 million. Datawind has a 52 week low of $0.90 and a 52 week high of $2.45.

COPYRIGHT VIOLATION NOTICE: “Datawind Inc (DW) Lowered to Market Perform at Cormark” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2016/11/25/datawind-inc-dw-lowered-to-market-perform-at-cormark.html.

Datawind Company Profile

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.

Receive News & Stock Ratings for Datawind Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datawind Inc and related stocks with our FREE daily email newsletter.