Evertz Technologies (OTCMKTS:EVTZF) Stock Price Down 1.1% – What’s Next?

Evertz Technologies Limited (OTCMKTS:EVTZF) fell 1.1% during mid-day trading on Thursday . The stock traded as low as $11.59 and last traded at $11.59. 531 shares were traded during trading, a decline of 36% from the average session volume of 836 shares. The stock had previously closed at $11.72.

Analysts Set New Price Targets

EVTZF has been the subject of several recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Evertz Technologies in a research report on Thursday, December 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Evertz Technologies in a research report on Thursday, December 11th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Evertz Technologies Price Performance

The company’s fifty day moving average is $11.32 and its 200-day moving average is $10.03.

Evertz Technologies Company Profile

Evertz Technologies is a Canadian-based technology company specializing in the design, manufacture and distribution of hardware and software solutions for the media and entertainment industry. Headquartered in Burlington, Ontario, the company develops end-to-end systems for video production, signal processing, content distribution and network management. Evertz serves a diverse range of customers including broadcasters, cable and satellite operators, streaming services and live event producers.

The company’s product portfolio encompasses video routers, encoders and decoders, multiviewers, telemetry and monitoring systems, as well as software-defined infrastructure for IP-based media workflows.