Impinj found using ticker (PI) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 82 and 55 calculating the average target price we see 69.17. Given that the stocks previous close was at 59.98 this indicates there is a potential upside of 15.3%. The 50 day moving average now sits at 53.72 while the 200 day moving average is 51.73. The market capitalisation for the company is $1,444m. Find out more information at: http://www.impinj.com
Impinj operates a cloud connectivity platform. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Impinj was incorporated in 2000 and is headquartered in Seattle, Washington.
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