Foundation Building Materials (FBM) Investors: RBC Capital Keeps Buy Rating, Sees $16.0/Share; Lantronix (LTRX) Shorts Lowered By 24%

November 15, 2017 - By Nellie Frank

Lantronix Incorporated (NASDAQ:LTRX) had a decrease of 24% in short interest. LTRX’s SI was 11,400 shares in November as released by FINRA. Its down 24% from 15,000 shares previously. With 73,300 avg volume, 0 days are for Lantronix Incorporated (NASDAQ:LTRX)’s short sellers to cover LTRX’s short positions. The SI to Lantronix Incorporated’s float is 0.13%. It closed at $1.92 lastly. It is down 89.43% since November 15, 2016 and is uptrending. It has outperformed by 72.73% the S&P500.

Among 7 analysts covering Foundation Bui… (FBM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Foundation Bui… has $23 highest and $15.0 lowest target. $18.14’s average target is -16.64% below currents $21.76 stock price. Foundation Bui… had 17 analyst reports since March 7, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Monday, October 9 by Robert W. Baird. On Wednesday, November 8 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Friday, August 4, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, June 19 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, July 24 with “Buy”. The rating was maintained by Barclays Capital on Friday, August 4 with “Overweight”. The stock of FocusShares Trust (NYSEARCA:FBM) has “Buy” rating given on Monday, October 9 by RBC Capital Markets. The stock of FocusShares Trust (NYSEARCA:FBM) earned “Buy” rating by Deutsche Bank on Wednesday, August 9. The firm earned “Buy” rating on Wednesday, September 6 by RBC Capital Markets. Robert W. Baird maintained FocusShares Trust (NYSEARCA:FBM) on Friday, September 8 with “Hold” rating.




It closed at $21.76 lastly. It is down 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await FocusShares Trust (NYSEARCA:FBM) to report earnings on March, 26. They expect $0.02 earnings per share, up 106.90% or $0.31 from last year’s $-0.29 per share. FBM’s profit will be $2,004 for 272.00 P/E if the $0.02 EPS becomes a reality. After $0.08 actual earnings per share reported by FocusShares Trust for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.

Since June 12, 2017, it had 0 insider buys, and 1 insider sale for $101,964 activity. On Monday, June 12 Fink Michael Andrew sold $101,964 worth of Lantronix Inc (NASDAQ:LTRX) or 44,000 shares.

Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things and information technology (IT) assets. The company has market cap of $34.51 million. The Firm organizes its products and solutions into three product lines, including IoT, IT Management and Other. It currently has negative earnings. The Company’s IoT products consist of IoT Gateways and IoT Building Blocks.

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