FiscalNote (OTCMKTS:NOTE) Share Price Passes Above 50 Day Moving Average of $0.00

FiscalNote Holdings, Inc. (OTCMKTS:NOTEGet Rating)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $8.39. FiscalNote shares last traded at $7.29, with a volume of 265,667 shares traded.

Wall Street Analyst Weigh In

NOTE has been the subject of a number of research analyst reports. DA Davidson initiated coverage on shares of FiscalNote in a research note on Wednesday, August 3rd. They issued a “buy” rating and a $8.50 price target for the company. BTIG Research assumed coverage on shares of FiscalNote in a research note on Monday, August 29th. They issued a “buy” rating and a $14.00 price target for the company. Finally, EF Hutton Acquisition Corp I assumed coverage on shares of FiscalNote in a research note on Thursday, August 25th. They set a “buy” rating and a $12.00 target price for the company.

FiscalNote Price Performance

FiscalNote (OTCMKTS:NOTEGet Rating) last released its earnings results on Monday, August 15th. The company reported ($3.06) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($2.62). The business had revenue of $27.17 million for the quarter, compared to analysts’ expectations of $29.02 million. Analysts expect that FiscalNote Holdings, Inc. will post -0.7 earnings per share for the current year.

About FiscalNote

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FiscalNote Holdings Inc operates as technology and data company that delivers critical legal data and insights worldwide. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships.

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