(ARLZ) was Reiterated by Chardan Capital Markets to “Buy” while Lowering the Price Target of the company shares to $ 5.50 from a previous price target of $10 . Chardan Capital Markets advised their Clients and Investors in a research report released on Mar 15, 2017.
Based on several research reports , Shares were Reiterated by Chardan Capital Markets on Mar 15, 2017 to “Buy” and Lowered the Price Target to $ 5.50 from a previous price target of $10 .
Several company insiders have filed Insider transactions , on Nov 30, 2016, Robert Paul Harris (director) sold 124,778 shares at $4.82 per share price. According to the SEC, on Nov 15, 2016, Seth Rudnick (director) purchased 30,000 shares at $4.77 per share price. On Nov 15, 2016, Kenneth B Jr Lee (director) purchased 1,000 shares at $4.95 per share price, according to the Form-4 filing with the securities and exchange commission.
On the company’s financial health, reported $-0.48 EPS for the quarter, missing the analyst consensus estimate by $ -0.20 based on the information available during the earnings call on Mar 13, 2017. Analyst had a consensus of $-0.28. The company had revenue of $20.00 million for the quarter, compared to analysts expectations of $21.86 million. The company’s revenue was up 233.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.40 EPS.
opened for trading at $2.11 and hit $2.63 on the upside on Wednesday, eventually ending the session at $2.37, with a gain of 13.40% or 0.28 points. The heightened volatility saw the trading volume jump to 41,33,609 shares. Company has a market cap of $156 M.