Everspin Technologies, Inc. (MRAM) Stock Formed Bearish Multiple Bottom Chart Pattern

June 27, 2018 - By Lena Young

Everspin Technologies, Inc. (MRAM) has a multiple bottoms chart with $8.86 price target. That’s 4.00 % below today’s $9.23 price per share. On Jun, 27 this chart was reported by Finviz.com. The company’s valuation will be $6.16 million less at $8.86 price target.

Ticker’s shares touched $9.23 during the last trading session after 2.67% change.Currently Everspin Technologies, Inc. is downtrending after 38.01% change in last June 27, 2017. MRAM has 32,178 shares volume. MRAM underperformed by 50.58% the S&P 500.

Investors expect Everspin Technologies, Inc. (NASDAQ:MRAM)’s quarterly earnings on August, 9., as reported by Faxor. Analysts have anticipation on stock’s EPS of $-0.43. That’s down 7.50 % from last year’s $-0.4 EPS. Wall Street now predicts 377.78 % negative EPS growth despite Everspin Technologies, Inc. previous quarter’s EPS of $-0.09.

Another two news for Everspin Technologies, Inc. (NASDAQ:MRAM) were briefly published by: Nasdaq.com on May 30, 2018 with title “Everspin to Present at the Stifel Cross Sector Insight Conference on June 12”. The other Businesswire.com‘s article was titled “Glancy Prongay & Murray LLP Continues Investigation on Behalf of Everspin Technologies, Inc. Investors (MRAM)” and published on June 02, 2018.

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