Resonant Inc. found using ticker (RESN) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 5 and 3 with a mean TP of 3.9. Given that the stocks previous close was at 2.42 this would indicate that there is a potential upside of 61.2%. The day 50 moving average is 2.27 and the 200 day MA is 2.44. The company has a market capitalisation of $132m. Visit the company website 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.
