Resonant Inc. found using ticker (RESN) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 5 and 3 with a mean TP of 3.9. Given that the stocks previous close was at 2.42 this is indicating there is a potential upside of 61.2%. There is a 50 day moving average of 2.27 and the 200 moving average now moves to 2.44. The company has a market capitalisation of $132m. Find out more information at: http://www.resonant.com
The potential market cap would be $212m based on the market concensus.
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.
