Unusual Volume Spikes For: Impinj, Inc. (NASDAQ:PI)

Impinj, Inc. (NASDAQ:PI) belonging to the Computer and Technology sector has surged 0.11% and closed its last trading session at $28.24.

The company is expected to report its next EPS on Nov 10 AMC. Currently, the stock has a 1 Year Price Target of $32.2.

The consensus recommendation, according to Zacks Investment research, is 1.4. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.4 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 0 and 0 respectively.

Impinj, Inc. on 9/30/2016 reported its EPS as $0.06 with the analysts projecting the EPS of the stock as $0.02. The company beat the analyst EPS Estimate with the difference of $0.04. This shows a surprise factor of 200%.

Many analysts have provided their estimated foresights on Impinj, Inc. Earnings, with 5 analysts believing the company would generate an Average Estimate of $0.06. Whereas they predicted High and Low Earnings Estimate as $0.07 and $0.04 respectively.

The Company got Initiated by RBC Capital Mkts on 15-Aug-16 to Outperform.

Insider Trades for Impinj, Inc. show that the latest trade was made on 25 Jul 2016 where Bybee Clinton W, the Director and Beneficial Owner completed a transaction type “Buy” in which 527088 shares were traded at a price of $0.

5 analysts projected Price Targets for Impinj, Inc.. The analysts believe that the company stock price could grow as high as $37. The Low Price target projection by analysts is $28 and the Mean Price Target is $32.2.

Impinj, Inc. (NASDAQ:PI) has the market capitalization of $543.06 Million. The company rocked its 52-Week High of $38.43 on Sep 29, 2016 and touched its 52-Week Low of $16.36 on Jul 21, 2016. The stock has Return on Assets (ROA) of -22.2 percent. Return on Equity (ROE) stands at 14.9% and Return on Investment (ROI) of -2.2 percent.

The stock is currently showing YTD performance of 57.15 Percent. The company has Beta Value of 0 and ATR value of 2.62. The Weekly and Monthly Volatility stands at 8.87% and 7.20%.

Company profile:

Impinj, Inc. is a provider of referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries. The company’s products include Indy Reader Chips which consists of integrated radio chips and supporting SDKs; Monza Tag Chips, which deliver memory options and extended features to RFID tags and Speedway fixed RFID readers and antennas for RFID-based information. Impinj, Inc. is based in Seattle, Washington.