Zacks: CounterPath Corporation (CPAH) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of CounterPath Corporation (NASDAQ:CPAH) (TSE:CCV) have been assigned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.
Analysts have set a 1 year consensus price target of $4.25 for the company and are forecasting that the company will post ($0.13) earnings per share for the current quarter, according to Zacks. Zacks has also given CounterPath Corporation an industry rank of 120 out of 265 based on the ratings given to related companies.
CPAH has been the topic of a number of recent research reports. Zacks Investment Research upgraded CounterPath Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. ValuEngine downgraded CounterPath Corporation from a “hold” rating to a “sell” rating in a report on Friday, September 1st.
Shares of CounterPath Corporation (CPAH) traded down $0.17 during midday trading on Tuesday, hitting $2.53. The company had a trading volume of 8,900 shares, compared to its average volume of 3,972. CounterPath Corporation has a twelve month low of $1.75 and a twelve month high of $3.00.
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CounterPath Corporation Company Profile
CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
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