Cogint, Inc. (COGT) Rating Increased to Hold at Zacks Investment Research

Cogint, Inc. (NASDAQ:COGT) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.

According to Zacks, “IDI, Inc. is an information solutions provider focused on the multi-billion dollar data fusion market. IDI delivers otherwise unattainable insight into the ever-expanding universe of consumer- and business-centric data. Through proprietary linking technology, advanced systems architecture, and a massive data repository, IDI will address the rapidly growing need for actionable intelligence to support the entirety of the risk management industry, for purposes including due diligence, risk assessment, fraud detection and prevention, authentication and verification, and more. Additionally, IDI’s cross-functional core systems and processes are designed to deliver products and solutions to the marketing industry and to enable the public and private sectors to layer our solutions over their unique data sets, providing otherwise unattainable insight. “

Separately, Barrington Research reaffirmed an “outperform” rating on shares of Cogint in a report on Tuesday, July 12th.

Cogint (NASDAQ:COGT) traded down 0.79% during mid-day trading on Monday, reaching $5.05. 520,482 shares of the company were exchanged. The company has a 50 day moving average of $5.23 and a 200-day moving average of $5.23. Cogint has a 1-year low of $4.69 and a 1-year high of $6.22.

Cogint Company Profile

IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.

5 Day Chart for NASDAQ:COGT

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