Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Akoustis Technologies (AKTS – Research Report) today. The company’s shares closed yesterday at $0.66.
Stoss covers the Technology sector, focusing on stocks such as Digital Turbine, Akoustis Technologies, and Digi International. According to TipRanks, Stoss has an average return of 8.9% and a 54.57% success rate on recommended stocks.
Akoustis Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $1.00.
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The company has a one-year high of $4.50 and a one-year low of $0.45. Currently, Akoustis Technologies has an average volume of 873.4K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AKTS in relation to earlier this year.
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Akoustis Technologies (AKTS) Company Description:
Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment consists of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.
Read More on AKTS:
- Akoustis achieves Wi-Fi 7 design win, volume orders for two new programs
- Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi AP Solutions Provider
- Akoustis to Webcast Q2FY24 Results on February 13 at 8:00 am ET
- AKTS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Akoustis Technologies Announces Offering Pricing and Closure
