Intelligent Protection Management (NASDAQ:IPM) Releases Earnings Results

Intelligent Protection Management (NASDAQ:IPM) announced its quarterly earnings data on Wednesday. The company reported ($0.08) earnings per share for the quarter, Zacks reports. The company had revenue of $6.24 million for the quarter.

Intelligent Protection Management Stock Performance

IPM stock remained flat at $1.87 during midday trading on Friday. The company’s stock had a trading volume of 23,466 shares, compared to its average volume of 333,844. Intelligent Protection Management has a 52-week low of $1.52 and a 52-week high of $2.88. The company has a market cap of $17.28 million, a P/E ratio of -10.39 and a beta of 0.75. The stock’s 50 day moving average is $2.00 and its two-hundred day moving average is $1.99.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intelligent Protection Management in a report on Thursday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Intelligent Protection Management currently has a consensus rating of “Hold” and an average target price of $6.00.

Intelligent Protection Management Company Profile

Intelligent Protection Management Corp. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. Its solutions include blockchain strategy consulting, blockchain implementation, white label video solutions, and technology licensing.