Insignia Systems (NASDAQ:ISIG) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of Insignia Systems (NASDAQ:ISIG – Get Free Report) in a report released on Monday. The firm set a “sell” rating on the business services provider’s stock.

Insignia Systems Stock Performance

Shares of Insignia Systems stock opened at $7.38 on Monday. Insignia Systems has a 52 week low of $5.48 and a 52 week high of $9.84. The stock has a 50 day moving average price of $7.64 and a two-hundred day moving average price of $7.99. The stock has a market capitalization of $13.28 million, a PE ratio of 1.14 and a beta of 1.87.

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Insignia Systems (NASDAQ:ISIG – Get Free Report) last posted its earnings results on Tuesday, May 9th. The business services provider reported $0.91 earnings per share for the quarter. The company had revenue of $12.83 million for the quarter. Insignia Systems had a return on equity of 103.74% and a net margin of 45.65%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ISIG. Citigroup Inc. purchased a new position in Insignia Systems in the first quarter worth about $33,000. Dimensional Fund Advisors LP purchased a new stake in shares of Insignia Systems during the 1st quarter worth about $138,000. Finally, Millennium Management LLC purchased a new position in Insignia Systems in the 2nd quarter worth approximately $133,000. Institutional investors own 5.71% of the company’s stock.

Insignia Systems Company Profile

(Get Free Report)

Insignia Systems, Inc provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services, brand equity signs, tear pads, and display marketing solutions; display solutions, such as a range of fully customized temporary, semi-permanent, and permanent displays; merchandising solutions; and on-pack solutions, which include BoxTalk, coupons, recipes, and cross-promotions.

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