Echelon Corporation (ELON) Trading at $8.22 after Raise on Jun, 29

June 29, 2018 - By Mohammad Shatley

Echelon Corporation (NASDAQ:ELON) Corporate Logo

Echelon Corporation (NASDAQ:ELON) rose to $8.22. It was posted on Jun, 29 by Barchart.com. The company has $37.34 million MC. $1.12 million more could be NASDAQ:ELON valuation at $8.47 share price.

Echelon Corporation (NASDAQ:ELON)’s earnings release is awaited by WallStreet on August, 2, according to Zacks. Analysts forecast 196.77 % diference or $0.30 from the $-0.31 EPS from 2017. If $0.30 is reported, ELON’s profit will reach $1.36 million for 6.85 P/E. Last quarter $-0.30 EPS was reported. Analysts sees -200.00 % EPS growth this quarter.

For more Echelon Corporation (NASDAQ:ELON) news announced briefly go to: Nasdaq.com, Nasdaq.com, Marketwatch.com, Benzinga.com or Globenewswire.com. The titles are as follows: “Adesto Announces Agreement to Acquire Echelon” announced on June 29, 2018, “Mid-Morning Market Update: Markets Open Higher; Constellation Brands Earnings Miss Estimates” on June 29, 2018, “Bloom Energy IPO: 5 things to know about the Silicon Valley clean-energy ‘unicorn'” with a publish date: June 13, 2018, “35 Stocks Moving In Friday’s Mid-Day Session” and the last “Factors of Influence in 2018, Key Indicators and Opportunity within Regency Centers, Motorola Solutions, California …” with publication date: June 12, 2018.

Echelon Corporation develops and markets energy control networking platforms.The firm is valued at $37.34 million. The Company’s products enable everyday devices, including air conditioners, appliances, elevators, electricity meters, light switches, thermostats, and valves to be inter-connected.Currently it has negative earnings. The firm offers chips, modules, gateways, and design and management software to original equipment manufacturers under the LONWORKS and IzoT brands.

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