Csquare (NYSE:CSQR) Reaches New 1-Year Low – Should You Sell?
by Amy Steele · The Cerbat GemCsquare, Inc. (NYSE:CSQR – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $16.25 and last traded at $16.34, with a volume of 74234 shares traded. The stock had previously closed at $17.01.
Analysts Set New Price Targets
CSQR has been the topic of a number of research analyst reports. Royal Bank Of Canada assumed coverage on shares of Csquare in a report on Monday, August 10th. They set an “outperform” rating and a $24.00 price objective on the stock. Wells Fargo & Company started coverage on shares of Csquare in a research note on Monday, August 10th. They issued an “overweight” rating and a $25.00 target price for the company. Sanford C. Bernstein initiated coverage on shares of Csquare in a research report on Monday, August 10th. They set an “outperform” rating and a $27.00 target price on the stock. TD Cowen started coverage on shares of Csquare in a research note on Monday, August 10th. They set a “buy” rating and a $28.00 price target on the stock. Finally, BMO Capital Markets initiated coverage on shares of Csquare in a report on Monday, August 10th. They issued an “outperform” rating and a $26.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Csquare currently has an average rating of “Buy” and an average target price of $28.44.
Check Out Our Latest Analysis on CSQR
Csquare Stock Down 4.1%
The company’s 50 day simple moving average is $19.84.
Csquare Company Profile
Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.