DarkHorse Technologies (NASDAQ:DRK) Stock Lifted to Strong-Buy by Maxim Group

Maxim Group upgraded shares of DarkHorse Technologies (NASDAQ:DRK) to a strong-buy rating in a research note published on Wednesday morning,Zacks reports.

Separately, Weiss Ratings initiated coverage on DarkHorse Technologies in a research report on Wednesday. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat, DarkHorse Technologies presently has an average rating of “Moderate Buy” and an average target price of $6.00.

DarkHorse Technologies Stock Down 4.9%

DarkHorse Technologies stock opened at $1.93 on Wednesday. The firm has a market capitalization of $20.42 million, a PE ratio of -0.52 and a beta of 3.34. DarkHorse Technologies has a 1-year low of $1.08 and a 1-year high of $8.37.

About DarkHorse Technologies

Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage.