Fonix Mobile (LON:FNX) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Fonix Mobile (LON:FNXFree Report) in a report issued on Tuesday,Digital Look reports. The firm currently has a GBX 293 target price on the stock.

Fonix Mobile Price Performance

Shares of LON FNX opened at GBX 192 on Tuesday. The company has a market cap of £187.44 million, a PE ratio of 17.14 and a beta of 0.57. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.12 and a quick ratio of 1.16. Fonix Mobile has a 1-year low of GBX 143 and a 1-year high of GBX 244. The stock has a fifty day moving average price of GBX 169.71 and a 200 day moving average price of GBX 161.79.

Fonix Mobile (LON:FNXGet Free Report) last released its earnings results on Tuesday, September 22nd. The company reported GBX 12.10 earnings per share (EPS) for the quarter. Fonix Mobile had a return on equity of 104.64% and a net margin of 14.66%. Sell-side analysts forecast that Fonix Mobile will post 10.9108622 EPS for the current year.

About Fonix Mobile

(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.

Featured Stories

Receive News & Ratings for Fonix Mobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fonix Mobile and related companies with MarketBeat.com's FREE daily email newsletter.