Fonix Mobile (LON:FNX) Announces Quarterly Earnings Results

Fonix Mobile (LON:FNXGet Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 12.10 earnings per share for the quarter, Digital Look Earnings reports. Fonix Mobile had a net margin of 14.66% and a return on equity of 104.64%.

Fonix Mobile Price Performance

Shares of FNX opened at GBX 189.55 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.16 and a debt-to-equity ratio of 0.77. The stock’s 50 day moving average is GBX 169.71 and its two-hundred day moving average is GBX 161.79. Fonix Mobile has a twelve month low of GBX 143 and a twelve month high of GBX 244. The firm has a market capitalization of £185.05 million, a PE ratio of 16.92 and a beta of 0.57.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 293 target price on shares of Fonix Mobile in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 293.

View Our Latest Stock Analysis on Fonix Mobile

Fonix Mobile Company Profile

(Get Free Report)

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.

Further Reading

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