NASDAQ:AKTS - Akoustis Technologies Stock Price, Price Target & More

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

Akoustis Technologies Inc (NASDAQ:AKTS) released its quarterly earnings results on Tuesday, November, 14th. The technology company reported ($0.24) EPS for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.11. The technology company had revenue of $0.30 million for the quarter, compared to the consensus estimate of $0.70 million. Akoustis Technologies had a negative return on equity of 105.63% and a negative net margin of 1,570.24%. View Akoustis Technologies' Earnings History.

3 equities research analysts have issued 1-year price targets for Akoustis Technologies' shares. Their predictions range from $8.00 to $15.00. On average, they anticipate Akoustis Technologies' stock price to reach $11.8333 in the next year. View Analyst Ratings for Akoustis Technologies.

Some companies that are related to Akoustis Technologies include AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Zoom Telephonics (ZMTP), Westell Technologies (WSTL), Communications Systems (JCS), ClearOne Communications (CLRO), Sunworks (SUNW), Franklin Wireless (FKWL), One Horizon Group (OHGI), AltiGen Communications (ATGN), MER Telemanagement Solutions (MTSL), Lattice (LTTC), Electronic Tele-Communications (ETCIA) and Zoom Technologies (ZOOM).

Media coverage about AKTS stock has trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Akoustis Technologies earned a news impact score of 0.18 on Accern's scale. They also assigned news coverage about the technology company an impact score of 45.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Akoustis Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.03%), Financial Advocates Investment Management (1.01%), Northern Trust Corp (0.60%), Millennium Management LLC (0.55%) and UBS Group AG (0.37%). Company insiders that own Akoustis Technologies stock include David Aichele, Jeffrey B Shealy, Jeffrey Shealy, John T Kurtzweil, Mark Boomgarden, Mark N Tompkins and Steven Denbaars. View Institutional Ownership Trends for Akoustis Technologies.

AKTS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, John T Kurtzweil, Mark N Tompkins and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.

AKTS stock was purchased by a variety of institutional investors in the last quarter, including Financial Advocates Investment Management, BlackRock Inc., Northern Trust Corp and UBS Group AG. 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 $6.49.

Akoustis Technologies has a market capitalization of $143.18 million and generates $480,000.00 in revenue each year.

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