RMG Networks Holding (RMGN) Reaches $0.92 1 Year Low; OXBRIDGE RE HOLDINGS Ltd Has 0.67 Sentiment

December 6, 2017 - By Marie Mckinney

The stock of RMG Networks Holding Corporation (NASDAQ:RMGN) hit a new 52-week low and has $0.85 target or 8.00% below today’s $0.92 share price. The 5 months bearish chart indicates high risk for the $10.26 million company. The 1-year low was reported on Dec, 6 by Barchart.com. If the $0.85 price target is reached, the company will be worth $821,120 less. The stock decreased 5.15% or $0.05 during the last trading session, reaching $0.92. About 24,942 shares traded. RMG Networks Holding Corporation (NASDAQ:RMGN) has declined 27.40% since December 6, 2016 and is downtrending. It has underperformed by 44.10% the S&P500.

Oxbridge Re Holdings Limited operates as a specialty property and casualty reinsurer that provides reinsurance solutions. The company has market cap of $12.90 million. It focuses on underwriting fully-collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It has a 4.37 P/E ratio.

Among 2 analysts covering RMG Networks Holding Corporation (NASDAQ:RMGN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. RMG Networks Holding Corporation has $3.0 highest and $1.1000 lowest target. $2.10’s average target is 128.26% above currents $0.92 stock price. RMG Networks Holding Corporation had 6 analyst reports since August 28, 2015 according to SRatingsIntel. Roth Capital maintained RMG Networks Holding Corporation (NASDAQ:RMGN) rating on Friday, March 11. Roth Capital has “Buy” rating and $1.30 target. The rating was initiated by TH Capital with “Buy” on Friday, August 28. The stock has “Buy” rating by Roth Capital on Friday, August 28. The rating was maintained by Roth Capital on Tuesday, August 1 with “Buy”. As per Wednesday, November 1, the company rating was maintained by Roth Capital. The rating was downgraded by Roth Capital on Wednesday, November 8 to “Neutral”.

Analysts await RMG Networks Holding Corporation (NASDAQ:RMGN) to report earnings on March, 1. After $-0.17 actual EPS reported by RMG Networks Holding Corporation for the previous quarter, Wall Street now forecasts -11.76% EPS growth.

RMG Networks Holding Corporation provides enterprise-class digital signage solutions. The company has market cap of $10.26 million. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. It currently has negative earnings. The firm provides Enterprise Server , a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.

Cutler Capital Management Llc holds 0.33% of its portfolio in Oxbridge Re Holdings Limited for 120,000 shares. Jaffetilchin Investment Partners Llc owns 16,983 shares or 0.03% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 622 shares. The Kansas-based Creative Planning has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 6,506 shares.

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By1 Marie Mckinney

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