Safeguard Scientifics, Inc. New (NYSE:SFE):
Brickwork Raises $5M Series A Financing To Enhance Omnichannel Retail Marketing Platform.
In the market the company is trading up by 1.38% since yesterday’s close of $11.6.
The stock last traded at $11.76 which is marginally lower than $12.99, the 50 day moving average and just a bit lower than the 200 day moving average of $13.26. The 50 day moving average was down $-1.23 and the 200 day average was down $-1.50.
As of the latest earnings report the EPS was $-0.12 and is estimated to be $0.24 for the current year with 20,224,000 shares outstanding. Analysts expect next quarter’s EPS to be $-0.37 with next year’s EPS anticipated to be $-1.29.
Several investment analysts have issued ratings on SFE recently. On October 26 Keefe Bruyette & Woods maintained a stock rating of “Outperform” but lowered the price expectation from $24.00 to $22.00. Barrington Research added SFE to its research portfolio setting a rating of “Outperform”.
March 6 investment analysts at Keefe Bruyette & Woods held the stock rating at “Outperform” and moved down the price target to $24.50 from $25.00. On July 28 the stock rating was upgraded from “Equal-weight” to “Overweight” with a current price target of $25.00 by analysts at First Analysis.
On May 13 the company was downgraded to “Equal-weight” from “Overweight” and a price target of $0.00 was set in a report from First Analysis.