Recently stock market analysts have updated their consensus ratings on shares of Lantronix, Inc. (LTRX).
Most recent broker ratings
11/04/2014 – Lantronix, Inc. was upgraded to “outperform” by analysts at Zacks. They now have a USD 2.2 price target on the stock.
09/24/2014 – Lake Street began new coverage on Lantronix, Inc. giving the company a “buy” rating. They now have a USD 3 price target on the stock.
Lantronix, Inc. has a 50 day moving average of 1.41 and a 200 day moving average of 1.22. The stock’s market capitalization is 24.33M, it has a 52-week low of 0.80 and a 52-week high of 2.14.
The share price of the company (LTRX) was down -0.70% during the last trading session, with a high of 1.43 and the volume of Lantronix, Inc. shares traded was 27137.
Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks. The Company’s IT Management product line includes console management, power management and keyboard video mouse (KVM), products that provide remote out-of-band management (OOBM) access to IT and networking infrastructure deployed in test labs, data centers and server rooms. Its Other product line includes non-focus products, such as the xPrintServer, xSenso and WiBox. Its connectivity solutions serves a range of industries, including data center, medical, security, environmental and government. The Company conducts its business in approximately three geographic regions, including the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific Japan (APJ).