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Digi International (DGII) Set to Announce Earnings on Thursday

Matrexcoin (MAC) Price Hits $0.0634 Digi International (DGII) Set to Announce Earnings on Thursday Digi International (DGII) Set to Announce Earnings on Thursday - Filed Under - by Stacy Sanders Tweet

Digi International (NASDAQ:DGII) is scheduled to release its earnings data after the market closes on Thursday, August 8th. Analysts expect Digi International to post earnings of $0.04 per share for the quarter.

Shares of DGII opened at $12.51 on Wednesday. Digi International has a 12-month low of $9.28 and a 12-month high of $14.44. The stock has a 50-day moving average price of $12.70. The firm has a market cap of $360.28 million, a PE ratio of 250.20, a PEG ratio of 2.68 and a beta of 1.58. Get Digi International alerts:

In other Digi International news, VP Tracy L. Roberts sold 22,180 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $11.43, for a total value of $253,517.40. Following the sale, the vice president now owns 60,581 shares in the company, valued at approximately $692,440.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Insiders own 6.80% of the company’s stock. A number of brokerages have issued reports on DGII. Zacks Investment Research cut Digi International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th. BidaskClub raised Digi International from a “sell” rating to a “hold” rating in a report on Tuesday, June 11th. TheStreet raised Digi International from a “c+” rating to a “b-” rating in a report on Monday, July 8th. Finally, ValuEngine raised Digi International from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $17.10.

Digi International Company Profile

Digi International Inc provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, Asia, and Latin America. The company operates in two segments, IoT Products & Services and IoT Solutions. It offers cellular routers that provide connectivity for devices over a cellular data network; cellular gateway products that enable devices or groups of devices to be networked in locations where there is no existing network or where access to a network is prohibited; radio frequency products that utilize a range of wireless protocols for PC-to-device or device-to-device connectivity; and Connect, Rabbit, and ARM-based embedded systems on module and single board computers for medical, transportation, and industrial device manufacturers. Digi International Digi International