BidaskClub upgraded shares of Monotype Imaging (NASDAQ:TYPE) from a strong sell rating to a sell rating in a research note issued to investors on Tuesday morning.
Other equities analysts also recently issued research reports about the company. B. Riley set a $31.00 target price on Monotype Imaging and gave the stock a buy rating in a research note on Tuesday, October 30th. ValuEngine upgraded Monotype Imaging from a sell rating to a hold rating in a research note on Thursday, December 6th. Finally, JPMorgan Chase & Co. upgraded Monotype Imaging from an underweight rating to a neutral rating in a research note on Friday, November 2nd. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Monotype Imaging presently has an average rating of Hold and a consensus target price of $27.00.
Shares of NASDAQ TYPE opened at $17.20 on Tuesday. Monotype Imaging has a twelve month low of $15.29 and a twelve month high of $26.75. The company has a market capitalization of $701.61 million, a PE ratio of 32.45 and a beta of 0.99. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.24.
About Monotype Imaging
Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and rest of Asia. The company offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including myfonts.com, fonts.com, fontshop.com, and linotype.com.
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