Zacks Research Upgrades QuoteMedia (OTCMKTS:QMCI) to “Hold”

QuoteMedia (OTCMKTS:QMCI) was upgraded by investment analysts at Zacks Research to a “hold” rating in a report released on Thursday,Zacks.com reports.

QuoteMedia Stock Performance

OTCMKTS:QMCI opened at $0.15 on Thursday. The firm has a fifty day simple moving average of $0.14 and a 200 day simple moving average of $0.15. QuoteMedia has a 1-year low of $0.13 and a 1-year high of $0.18. The stock has a market capitalization of $13.57 million, a PE ratio of -5.00 and a beta of -0.09.

QuoteMedia (OTCMKTS:QMCI) last released its quarterly earnings data on Tuesday, April 7th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $5.35 million for the quarter. On average, equities analysts predict that QuoteMedia will post -0.01 earnings per share for the current fiscal year.

QuoteMedia Company Profile

QuoteMedia, Inc is a Canada-based provider of digital market data and financial content solutions, founded in 1999 and headquartered in Montreal, Quebec. The company specializes in aggregating real-time and historical market information from major exchanges in North America and beyond, offering a range of delivery options to suit client needs. Its cloud-based infrastructure supports high-volume streaming and on-demand access to equity, ETF, mutual fund and fixed-income data.

The firm’s core product suite includes streaming quote and charting services, RESTful and WebSocket APIs, embeddable financial widgets and customizable portfolio-management tools.