iPass (IPAS) to Release Quarterly Earnings on Wednesday

iPass (NASDAQ:IPAS) will be posting its quarterly earnings results after the market closes on Wednesday, February 7th.

iPass (IPAS) opened at $0.50 on Tuesday. iPass has a 52-week low of $0.44 and a 52-week high of $1.61. The stock has a market cap of $35.71, a PE ratio of -1.86 and a beta of -0.34.

A number of research analysts have recently issued reports on the stock. Maxim Group restated a “buy” rating and issued a $2.00 price target on shares of iPass in a research report on Thursday, November 2nd. Roth Capital assumed coverage on shares of iPass in a research report on Wednesday, January 17th. They issued a “buy” rating and a $2.00 price target on the stock. Finally, Zacks Investment Research downgraded shares of iPass from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. Two analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $2.22.

An institutional investor recently raised its position in iPass stock. Northern Trust Corp boosted its position in iPass Inc. (NASDAQ:IPAS) by 2.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 130,999 shares of the technology company’s stock after purchasing an additional 3,058 shares during the quarter. Northern Trust Corp owned about 0.20% of iPass worth $173,000 at the end of the most recent quarter. 29.33% of the stock is currently owned by institutional investors and hedge funds.

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About iPass

iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.

Earnings History for iPass (NASDAQ:IPAS)

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