Computershare (CMSQF) to Post Earnings on Wednesday

Computershare (OTCMKTS:CMSQF) is projected to release its results after the market closes on Wednesday, August 12th. Analysts expect Computershare to post earnings of $0.7760 per share and revenue of $1.6326 billion for the quarter.

Computershare Price Performance

Shares of OTCMKTS CMSQF remained flat at $28.69 during trading on Wednesday. 699 shares of the stock traded hands, compared to its average volume of 7,761. The company’s 50 day moving average price is $26.66 and its two-hundred day moving average price is $23.56. Computershare has a 12-month low of $17.87 and a 12-month high of $31.34.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Computershare from a “buy” rating to a “neutral” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $39.50.

Computershare Company Profile

Computershare is a global financial services company specializing in share registry, transfer agency, and stakeholder communications services. It provides technology-driven solutions for issuing and managing equity, debt, and other financial instruments on behalf of public and private companies. The company’s offerings include investor services, employee equity plan administration, proxy solicitation, meeting services, and corporate governance support.

In addition to its core share registry business, Computershare operates a corporate trust division that administers debt securities, loan agency, and payment services for issuers, trustees, and bondholders.