Shares of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $18.75.
Several brokerages have recently commented on TYPE. Zacks Investment Research downgraded Monotype Imaging from a “buy” rating to a “hold” rating in a report on Saturday, October 12th. BidaskClub cut Monotype Imaging from a “hold” rating to a “sell” rating in a research note on Saturday, August 31st.
Shares of TYPE remained flat at $$19.84 during trading hours on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.30 and a current ratio of 2.30. The stock has a market capitalization of $819.79 million, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 1.30 and a beta of 1.01. The firm has a 50-day moving average of $19.84 and a 200 day moving average of $18.78. Monotype Imaging has a fifty-two week low of $15.29 and a fifty-two week high of $21.09.
Monotype Imaging Company Profile
Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company's solutions include type intellectual property (IP), enterprise software for visual content marketing solutions, custom type design services, and tools and technologies through direct sales channels, e-commerce platforms, and partner platforms.
Further Reading: Net Asset Value
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