TG-17 Inc. (NASDAQ:OBAI – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 538,452 shares, a decline of 35.7% from the June 30th total of 837,176 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average trading volume of 943,395 shares, the days-to-cover ratio is currently 0.6 days.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of TG-17 in a report on Friday, July 24th. Maxim Group initiated coverage on TG-17 in a research note on Friday, June 26th. They issued a “buy” rating and a $2.00 price target on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $2.00.
View Our Latest Stock Analysis on OBAI
TG-17 Trading Up 3.4%
TG-17 (NASDAQ:OBAI – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.41) EPS for the quarter. The company had revenue of $2.35 million for the quarter.
TG-17 Company Profile
TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.
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