Resonant Inc. – Consensus Indicates Potential 61.2% Upside

Broker Ratings
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Resonant Inc. found using ticker (RESN) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 5 and 3 calculating the average target price we see 3.9. Now with the previous closing price of 2.42 this would imply there is a potential upside of 61.2%. There is a 50 day moving average of 2.27 and the 200 day moving average is 2.44. The company has a market cap of $132m. Find out more information at: http://www.resonant.com

Resonant Inc., a late-stage development company, designs and develops filters for radio frequency (RF) and front-ends used in the mobile device, automotive, medical, Internet-of-things, and related industries in the United States and internationally. It uses Infinite Synthesized Networks technology, a software platform to configure and connect resonators that are building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation requirements, as well as filter designs to replace various filters and associated componentry for various bands. Resonant Inc. was incorporated in 2012 and is headquartered in Goleta, California.

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