Magnet Forensics Inc. (OTC:MAGTF – Get Rating) was up 9% during mid-day trading on Friday . The stock traded as high as $33.02 and last traded at $32.27. Approximately 3,202 shares traded hands during trading, an increase of 167% from the average daily volume of 1,201 shares. The stock had previously closed at $29.60.
Analyst Ratings Changes
Several analysts have weighed in on MAGTF shares. Canaccord Genuity Group boosted their price objective on Magnet Forensics from C$40.00 to C$42.00 in a report on Thursday, November 10th. Royal Bank of Canada boosted their price objective on Magnet Forensics from C$35.00 to C$38.00 in a report on Thursday, November 10th. Stifel Nicolaus boosted their price objective on Magnet Forensics from C$40.00 to C$44.00 in a report on Thursday, November 10th. Finally, BMO Capital Markets boosted their price objective on Magnet Forensics from C$32.00 to C$34.00 in a report on Thursday, November 10th.
Magnet Forensics Price Performance
The company has a 50-day moving average of $28.64 and a 200-day moving average of $21.12.
Magnet Forensics Company Profile
Magnet Forensics Inc, together with its subsidiaries, engages in the development of data analytics software used for digital forensics investigations to public sector and private enterprises in Canada, the United States, Australia, and Europe. It offers Magnet AXIOM, a digital investigations platform to recover analyze, and report on digital evidence from smartphones, cloud services, IoT devices, and third-party images; Magnet AXIOM CYBER, a digital forensics and incident response solution for businesses that need to perform remote acquisitions, and collect and analyze evidence from computers, cloud, and mobile devices; and Magnet OUTRIDER, a digital evidence triage tool used at crime scenes to scan digital media for the presence of CSAM.
- Get a free copy of the StockNews.com research report on Magnet Forensics (MAGTF)
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving ’23 Growth
Receive News & Ratings for Magnet Forensics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magnet Forensics and related companies with MarketBeat.com's FREE daily email newsletter.