NASDAQ:AKTS - Akoustis Technologies Stock Price, News & Analysis

Akoustis Technologies trades on the NASDAQ under the ticker symbol "AKTS."

Akoustis Technologies Inc (NASDAQ:AKTS) posted its quarterly earnings results on Monday, February, 4th. The technology company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.24) by $0.00. The technology company earned $0.32 million during the quarter, compared to analysts' expectations of $0.42 million. Akoustis Technologies had a negative net margin of 2,879.43% and a negative return on equity of 128.55%. View Akoustis Technologies' Earnings History.

Akoustis Technologies is scheduled to release their next quarterly earnings announcement on Friday, August 23rd 2019. View Earnings Estimates for Akoustis Technologies.

6 equities research analysts have issued 1 year price objectives for Akoustis Technologies' shares. Their predictions range from $10.00 to $12.00. On average, they anticipate Akoustis Technologies' share price to reach $10.60 in the next year. This suggests a possible upside of 57.0% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akoustis Technologies.

News headlines about AKTS stock have trended positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Akoustis Technologies earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Akoustis Technologies.

Some companies that are related to Akoustis Technologies include ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Sonim Technologies (SONM), Clearfield (CLFD), Communications Systems (JCS), Clearone (CLRO), Franklin Wireless (FKWL), AltiGen Communications (ATGN), Westell Technologies (WSTL), Zoom Telephonics (ZMTP), Sunworks (SUNW), One Horizon Group (OHGI), MER Telemanagement Solutions (MTSL) and Alvarion (ALVRQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Akoustis Technologies investors own include Verizon Communications (VZ), Micron Technology (MU), Smart Global (SGH), Alibaba Group (BABA), General Electric (GE), NVIDIA (NVDA), Advanced Micro Devices (AMD), Lumentum (LITE), Skyworks Solutions (SWKS) and Canopy Growth (CGC).

Akoustis Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.48%), Vanguard Group Inc. (4.15%), Blackcrane Capital LLC (2.32%), Essex Investment Management Co. LLC (0.98%), Commonwealth Equity Services LLC (0.74%) and FNY Investment Advisers LLC (0.68%). Company insiders that own Akoustis Technologies stock include Arthur Geiss, David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, John T Kurtzweil, Kenneth Boller, Mark N Tompkins, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View Institutional Ownership Trends for Akoustis Technologies.

AKTS stock was sold by a variety of institutional investors in the last quarter, including Financial Advocates Investment Management, D.A. Davidson & CO., Needham Investment Management LLC, Morgan Stanley and Susquehanna International Group LLP. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, John T Kurtzweil, Kenneth Boller, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View Insider Buying and Selling for Akoustis Technologies.

AKTS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Blackcrane Capital LLC, Essex Investment Management Co. LLC, Vanguard Group Inc., FNY Investment Advisers LLC, Citadel Advisors LLC, Charles Schwab Investment Management Inc. and Bank of New York Mellon Corp. Company insiders that have bought Akoustis Technologies stock in the last two years include Arthur Geiss and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.

Shares of AKTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AKTS stock can currently be purchased for approximately $6.75.

Akoustis Technologies has a market capitalization of $201.89 million and generates $1.20 million in revenue each year. Akoustis Technologies employs 69 workers across the globe.View Additional Information About Akoustis Technologies.

The official website for Akoustis Technologies is http://www.akoustis.com/.

Akoustis Technologies' mailing address is 9805 NORTHCROSS CENTER COURT SUITE A, HUNTERSVILLE NC, 28078. The technology company can be reached via phone at 704-997-5735 or via email at [email protected]