Alarum Technologies (ALAR) Set to Announce Quarterly Earnings on Tuesday

Alarum Technologies (NASDAQ:ALAR) is set to release its earnings data before the market opens on Tuesday, November 28th.

Alarum Technologies (NASDAQ:ALAR) last posted its earnings results on Thursday, August 24th. The company reported ($0.41) earnings per share (EPS) for the quarter. Alarum Technologies had a negative net margin of 60.30% and a negative return on equity of 61.06%. The company had revenue of $6.99 million during the quarter, compared to analyst estimates of $6.40 million.

Alarum Technologies Price Performance

Shares of NASDAQ ALAR opened at $4.89 on Tuesday. Alarum Technologies has a fifty-two week low of $1.46 and a fifty-two week high of $5.08. The business has a 50 day moving average price of $3.63 and a two-hundred day moving average price of $2.88. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.11. The firm has a market cap of $19.39 million, a PE ratio of -1.97 and a beta of 0.45.

Institutional Investors Weigh In On Alarum Technologies

An institutional investor recently raised its position in Alarum Technologies stock. Rhumbline Advisers grew its position in shares of Alarum Technologies Ltd. (NASDAQ:ALAR) by 143.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,627 shares of the company’s stock after buying an additional 6,843 shares during the period. Rhumbline Advisers owned about 0.29% of Alarum Technologies worth $39,000 as of its most recent SEC filing. 0.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners raised their price objective on Alarum Technologies from $6.50 to $8.00 and gave the company a “buy” rating in a research note on Thursday, August 24th.

Alarum Technologies Company Profile

Alarum Technologies Ltd. provides cybersecurity and privacy solutions to consumers and enterprises in Israel, the United States, the Middle East, the United Kingdom, the British Virgin Islands, the Asia Pacific, and internationally. The company operates through three segments: Enterprise Cybersecurity, Enterprise Internet Access, and Consumer Internet Access.