TheStreet Upgrades Audioeye (AEYE) to “C-“

Audioeye (OTCMKTS:AEYE) was upgraded by analysts at TheStreet from a “d” rating to a “c-” rating in a research note issued on Thursday.

A number of other equities analysts have also weighed in on the company. National Securities assumed coverage on Audioeye in a research note on Thursday, November 29th. They set a “buy” rating and a $9.00 price objective on the stock. Zacks Investment Research raised Audioeye from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a research note on Tuesday, November 20th. Finally, B. Riley set a $10.00 price objective on Audioeye and gave the stock a “buy” rating in a research note on Thursday, November 15th.

OTCMKTS AEYE traded up $0.44 on Thursday, reaching $6.99. 4,539 shares of the company were exchanged, compared to its average volume of 6,919. Audioeye has a fifty-two week low of $3.13 and a fifty-two week high of $10.24.

Institutional investors have recently made changes to their positions in the company. TCI Wealth Advisors Inc. acquired a new position in shares of Audioeye in the 3rd quarter valued at $238,000. Manatuck Hill Partners LLC acquired a new position in shares of Audioeye in the 3rd quarter valued at $360,000. Finally, B. Riley Financial Inc. acquired a new position in shares of Audioeye in the 3rd quarter valued at $2,117,000.

About Audioeye

AudioEye, Inc provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. The company develops patented Internet content publication and distribution software that enables conversion of media into accessible formats, as well as allows for real time distribution on various Internet connected devices.

Featured Article: Find a Trading Strategy That Works

Receive News & Ratings for Audioeye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Audioeye and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply