Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $6.5900 on Lionbridge Technologies, Inc. (NASDAQ:LIOX) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.5600 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Lionbridge Technologies, Inc. (NASDAQ:LIOX) stands at 29.6280.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Lionbridge Technologies, Inc., the PEG ratio for coming 3-5 years is 0.6500.
The technical analysis highlights that Lionbridge Technologies, Inc. current is trading $0.2867 points away or +6.3940% from its 50-day moving average of $4.4834. Further it is trading $0.2243 or +4.9335% away its 200-day moving average of $4.5458.
The 52-week high of Lionbridge Technologies, Inc. (NASDAQ:LIOX) was $6.2600 while lowest point recorded in 52-week was $3.9000. It implies if stock price makes a movement of over $-1.4899, it will record a new 52-week high. In the case of +22.3103% drop, it will touch a new 52-week low.
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