Spark Networks SE (NYSEAMERICAN:LOV)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $5.85. Spark Networks shares last traded at $5.44, with a volume of 5,820 shares changing hands.
Several equities research analysts have recently weighed in on the company. Canaccord Genuity set a $19.00 price objective on Spark Networks and gave the company a “buy” rating in a research note on Friday, August 30th. B. Riley reiterated a “buy” rating and issued a $18.00 price objective on shares of Spark Networks in a research note on Tuesday, August 27th. Finally, Zacks Investment Research lowered Spark Networks from a “buy” rating to a “sell” rating in a research note on Thursday, September 5th.
An institutional investor recently bought a new position in Spark Networks stock. Renaissance Technologies LLC acquired a new stake in Spark Networks SE (NYSEAMERICAN:LOV) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 38,499 shares of the technology company’s stock, valued at approximately $454,000. Renaissance Technologies LLC owned 1.20% of Spark Networks at the end of the most recent quarter.
Spark Networks SE operates online dating sites and mobile applications. It focuses on catering professionals and highly educated singles with serious relationship intentions in North America and other international markets. The company operates its dating platforms under the EliteSingles, SilverSingles, JDate, Christian Mingle, eDarling, JSwipe, and Attractive World brands.
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