AcuityAds Holdings Inc. (TSE:AT) Given Average Recommendation of “Hold” by Analysts

Shares of AcuityAds Holdings Inc. (TSE:AT – Get Rating) have been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$5.50.

AT has been the topic of several research analyst reports. Roth Capital decreased their price target on shares of AcuityAds to C$2.75 and set a “hold” rating on the stock in a research note on Thursday, July 21st. TD Securities decreased their target price on shares of AcuityAds from C$6.00 to C$4.25 and set a “buy” rating on the stock in a research report on Friday, May 13th.

AcuityAds Stock Up 3.4 %

Shares of AT stock opened at C$3.36 on Friday. The stock has a market cap of C$204.71 million and a P/E ratio of 42.00. AcuityAds has a 52 week low of C$2.19 and a 52 week high of C$12.32. The company has a quick ratio of 4.95, a current ratio of 5.06 and a debt-to-equity ratio of 9.11. The company’s fifty day simple moving average is C$3.14 and its two-hundred day simple moving average is C$3.41.

AcuityAds (TSE:AT – Get Rating) last announced its quarterly earnings results on Thursday, May 12th. The company reported C($0.07) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.06). The business had revenue of C$23.82 million for the quarter, compared to analyst estimates of C$25.80 million. Analysts predict that AcuityAds will post 0.17 EPS for the current fiscal year.

AcuityAds Company Profile

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AcuityAds Holdings Inc, a technology company, provides digital media solutions. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across online display, video, social, and mobile campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying.

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