In a report released today, Alexander Nowak from Craig-Hallum maintained a Buy rating on Calamp (CAMP – Research Report). The company’s shares closed yesterday at $0.36.
Nowak covers the Healthcare sector, focusing on stocks such as CareDx, Celcuity, and REPRO-MED Systems. According to TipRanks, Nowak has an average return of -6.4% and a 31.32% success rate on recommended stocks.
Calamp has an analyst consensus of Hold, with a price target consensus of $0.80.
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CAMP market cap is currently $13.38M and has a P/E ratio of -0.53.
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Calamp (CAMP) Company Description:
CalAmp Corp. is a provider of Internet of Things (IoT) enablement solutions for a broad array of mobile and fixed applications serving multiple vertical markets worldwide. It offer solutions for mobile resource management and applications for the broader IoT market, enabling customers to optimize their operations by collecting, monitoring and efficiently reporting business-critical data and desired intelligence from high-value remote and often mobile assets. The company segments include Telematics System and Software and Subscription Services. CalAmp was founded in 1981 and is headquartered in Irvine, CA.
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