Resonant Inc. found using ticker (RESN) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 5 and 3 with a mean TP of 3.9. With the stocks previous close at 2.42 this would indicate that there is a potential upside of 61.2%. The 50 day MA is 2.27 and the 200 day MA is 2.44. The market cap for the company is $132m. Visit the company website at: http://www.resonant.com
Resonant Inc., a late-stage development company, designs and develops filters for radio frequency (RF) and front-ends used in the mobile device, automotive, medical, Internet-of-things, and related industries in the United States and internationally. It uses Infinite Synthesized Networks technology, a software platform to configure and connect resonators that are building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation requirements, as well as filter designs to replace various filters and associated componentry for various bands. Resonant Inc. was incorporated in 2012 and is headquartered in Goleta, California.