Analyst Recommendation about Stocks: Imation Corporation (NYSE:IMN) , CVENT, INC. (NYSE:CVT)

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Imation Corporation (NYSE:IMN) initiated the shares trading at $0.730 and showed negative change of -5.000% while the stock’s final trade was registered at $ 0.722. However, its previous closing price was seen at $0.760. The stock negotiated total number of 431.86 thousand shares as compared to 3 months average volume of 157.28 thousand shares.

The stock price demonstrated downbeat change from its 50 day moving average of 0.612 and had been down from its 200 Day Moving Average of 1.047.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated IMN stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as BUY from 4 brokerage firms and recommended as Strong Buy by 25 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 0 brokerage firms.3 brokerage firms have rated the company as a Hold. The Corporation has average brokerage recommendation (ABR) of 1.31 based on consensus of the brokerage firms issuing ratings.

The average true range of Imation Corp.’s (IMN) is recorded at 0.06 and the relative strength index of the stock stands 60.52. The stock price is going above to its 52 week low with 53.19% and lagging behind from its 52 week high with -64.00%. Analyst recommendation for this stock stands at 3.00. A look on the firm performance, its monthly performance is 22.03% and a quarterly performance of -20.88%. The stock price is trading downbeat from its 200 days moving average with -36.52% and up from 50 days moving average with 13.89%.

Shares of CVENT, INC. (NYSE:CVT) climbed +0.03% and ended at $36.00 greater than previous closing price of $35.99. The total 363.53 thousand shares were bought and sold throughout the most recent trading session less than average volume of 475.07 thousand shares.

Brokerage Recommendations:

CVT stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as Buy from 4 brokerage firms and 25 brokerage firms say as Strong Buy. 0 brokerage firms have suggested Sell for the company. 3 brokerage firms have recommended as a Hold. Strong Sell rating was given by 0 brokerage firms. The Company has average brokerage recommendation (ABR) of 1.31 based on consensus of the ZACKS brokerage firms.

Cvent, Inc.’s (CVT) has price-to-cash ratio of 8.55 and price to sale ratio of 6.97. The company net profit margin is -10.90% and gross profit margin is 70.80%. A look on the firm performance, its monthly performance is 15.20% and a quarterly performance of 10.09%. The stock price is moving up from its 20 days moving average with 12.13% and isolated positively from 50 days moving average with 13.76%.

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