Wandisco’s (WAND) Buy Rating Reiterated at Peel Hunt

Wandisco (LON:WAND)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research note issued on Wednesday, June 26th, Digital Look reports. They currently have a GBX 1,000 ($13.07) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 87.27% from the company’s previous close.

Shares of Wandisco stock traded down GBX 10 ($0.13) during trading on Wednesday, reaching GBX 534 ($6.98). The company’s stock had a trading volume of 27,538 shares, compared to its average volume of 98,624. The business’s 50 day simple moving average is GBX 499.30. Wandisco has a 12-month low of GBX 330 ($4.31) and a 12-month high of GBX 1,080 ($14.11). The firm has a market capitalization of $240.97 million and a P/E ratio of -11.97. The company has a quick ratio of 1.48, a current ratio of 1.53 and a debt-to-equity ratio of 29.62.

Wandisco Company Profile

WANdisco plc engages in the development and provision of collaboration software in North America, Europe, and internationally. It offers WANdisco Fusion, a general-purpose replication platform transfers data across various environments with guaranteed consistency, no downtime, and no data loss. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, disaster recovery, hybrid cloud, Internet of things, and real-time analytics solutions.

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