Commtouch Software Rating Increased to Buy at Chardan Capital (CTCH)
Shares of Commtouch Software opened at 2.42 on Wednesday. Commtouch Software has a 52 week low of $2.71 and a 52 week high of $3.69. The company has a market cap of $58.5 million and a P/E ratio of 12.10.
Separately, analysts at Chardan Capital Markets upgraded shares of Commtouch Software to a “buy” rating in a research note to investors on Wednesday. They now have a $3.50 price target on the stock.
Commtouch Software Ltd. (Commtouch) is a provider of messaging and Web security solutions to a range of customers and original equipment manufacturer distribution partners.