Shares of Evertz Technologies Limited (OTCMKTS:EVTZF) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.82 and traded as high as $11.44. Evertz Technologies shares last traded at $11.44, with a volume of 350 shares changing hands.
Several equities analysts have commented on EVTZF shares. Canaccord Genuity raised their target price on shares of Evertz Technologies from C$15.50 to C$16.50 and gave the company a “buy” rating in a report on Friday, June 18th. Raymond James lifted their price target on shares of Evertz Technologies from C$16.00 to C$16.50 and gave the company an “outperform” rating in a report on Friday, June 18th.
The stock’s 50-day moving average is $10.82 and its 200-day moving average is $11.56.
Evertz Technologies Ltd. engages in the provision of television broadcast equipment and solutions that deliver content to television sets, on-demand services, WebTV, IPTV, and mobile devices. It operates through the following geographical segments: United States; International; and Canada. The company was founded on May 28, 1981 and is headquartered in Burlington, Canada.
Further Reading: Initial Coin Offering (ICO)
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