Nimble Storage, Inc. Common Sto (NYSE:NMBL):
Nimble Storage Announces Participation in Upcoming Investor Conference.
In the market the company is trading down from yesterday’s close of $7.89.
The stock last traded at $7.81 which is marginally under the 50 day moving average which is $8.10 and slightly below the 200 day moving average of $7.91. The 50 day moving average went down $-0.29 or -3.63% and the 200 day average went down by -1.25%.
As of the last earnings report the EPS was $-1.75 and is estimated to be $-0.73 for the current year with 85,099,000 shares now outstanding. Next quarter’s EPS is expected be $-0.12 and the next full year EPS is projected to be $-0.45.
Analysts have released opinions on Nimble Storage, Inc. Common Sto of late. On October 12 the stock rating was upgraded to “Outperform” from “” in a report from Wells Fargo. Equity analyst Wells Fargo started covering the stock setting a rating of “”.
August 24 investment analysts at Jefferies made no change to the stock rating of “Buy” but moved down the price target from $15.00 to $14.00. On August 24 Barclays held the stock rating at “Equal-weight” and moved up the price target to $10.00 from $9.00.
BTIG Research initiated coverage on the stock with an initial rating of “Neutral”. March 4 investment analysts at Susquehanna left the stock rating at “Positive” but lowered the price target from $15.00 to $12.00.