Securitize (NYSE:SECZ) Research Coverage Started at Citizens Jmp

Citizens Jmp assumed coverage on shares of Securitize (NYSE:SECZ) in a research note released on Tuesday morning, Marketbeat reports. The firm issued an outperform rating and a $15.00 target price on the stock.

A number of other equities analysts have also recently issued reports on SECZ. Citigroup began coverage on shares of Securitize in a research report on Tuesday. They set an “outperform” rating on the stock. Rosenblatt Securities assumed coverage on Securitize in a research report on Wednesday, July 15th. They issued a “buy” rating and a $14.00 target price for the company. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat, Securitize presently has an average rating of “Buy” and a consensus target price of $13.00.

Securitize Price Performance

Shares of SECZ stock opened at $5.78 on Tuesday. The company has a market cap of $176.69 million, a PE ratio of -52.53 and a beta of 1.46. Securitize has a 52 week low of $5.67 and a 52 week high of $13.70.

Securitize (NYSE:SECZ) last issued its earnings results on Wednesday, August 12th. The company reported ($2.37) earnings per share (EPS) for the quarter. The company had revenue of $14.44 million for the quarter.

Securitize Company Profile

Securitize is a financial technology company that provides a platform for issuing, managing, and trading tokenized securities and other digital assets. The company focuses on helping issuers digitize assets on blockchain-based infrastructure while giving investors and intermediaries tools to support compliance, transferability, and recordkeeping.

Its products and services are designed for use across the lifecycle of digital securities, including issuance, investor onboarding, cap table and ownership management, and secondary trading support through regulated market infrastructure.