FY2016 EPS Estimates for Spectra7 Microsystems Inc Raised by Cantor Fitzgerald (SEV)

Spectra7 Microsystems Inc (CVE:SEV) – Cantor Fitzgerald boosted their FY2016 EPS estimates for shares of Spectra7 Microsystems in a research report issued to clients and investors on Tuesday. Cantor Fitzgerald analyst R. Garcea now anticipates that the firm will post earnings per share of ($0.07) for the year, up from their previous estimate of ($0.08). Cantor Fitzgerald also issued estimates for Spectra7 Microsystems’ Q4 2016 earnings at $0.00 EPS and FY2017 earnings at $0.00 EPS.

Separately, Mackie decreased their price objective on Spectra7 Microsystems from C$1.10 to C$1.00 and set a “source of funds” rating for the company in a report on Thursday, August 25th.

Spectra7 Microsystems (CVE:SEV) opened at 0.36 on Thursday. The stock has a 50 day moving average price of $0.47 and a 200-day moving average price of $0.56. The firm’s market capitalization is $45.74 million. Spectra7 Microsystems has a one year low of $0.30 and a one year high of $0.75.

About Spectra7 Microsystems

Spectra7 Microsystems Inc is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays.

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