AudioEye (AEYE) Receives a Buy from H.C. Wainwright

In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on AudioEye (AEYEResearch Report), with a price target of $10.00. The company’s shares closed last Friday at $4.93.

Buck covers the Technology sector, focusing on stocks such as NexTech AR Solutions, Lightpath Technologies, and Boxlight. According to TipRanks, Buck has an average return of -10.5% and a 32.99% success rate on recommended stocks.

AudioEye has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.

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AEYE market cap is currently $56.74M and has a P/E ratio of -4.18.

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AudioEye, Inc. provides digital accessibility technology solutions. It develops patented, Internet content publication and distribution software, enabling the conversion of any media into an accessible format and allowing for real-time distribution to end-users on any Internet connected device. The company invents, manufactures and distributes mobile, advertising and Internet technologies that enable users to transact, communicate and engage with products, brands and content using networked interactive voice browsing technology. The firm focuses on providing solutions to the Internet, print, broadcast and other media, irrespective of an individual’s network connection, device, location, or impairment. The company provides e-Learning and e-Commerce systems, as well as Internet publishing products and services. AudioEye was founded by Nathaniel T. Bradley, Sean D. Bradley, David J. Ide and James G. Crawford on May 20, 2005 and is headquartered in Tucson, AZ.

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