Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has been assigned an average rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $18.75.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut Monotype Imaging from a “buy” rating to a “hold” rating in a report on Saturday, October 12th. BidaskClub downgraded Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Saturday, August 31st.
Shares of TYPE stock opened at $19.84 on Tuesday. The company’s fifty day simple moving average is $19.84 and its two-hundred day simple moving average is $18.73. Monotype Imaging has a 52 week low of $15.29 and a 52 week high of $21.09. The stock has a market cap of $819.79 million, a P/E ratio of 25.44, a PEG ratio of 1.30 and a beta of 1.01. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.20.
Monotype Imaging Company Profile
Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company's solutions include type intellectual property (IP), enterprise software for visual content marketing solutions, custom type design services, and tools and technologies through direct sales channels, e-commerce platforms, and partner platforms.
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