iPass Inc. (NASDAQ:IPAS) Scheduled to Post Earnings on Tuesday

iPass Inc. (NASDAQ:IPAS) will be issuing its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

iPass Inc. (NASDAQ IPAS) opened at 1.28 on Tuesday. The firm has a 50-day moving average price of $1.36 and a 200 day moving average price of $1.33. iPass Inc. has a one year low of $0.98 and a one year high of $1.89. The firm’s market capitalization is $84.20 million.

A number of equities analysts recently commented on IPAS shares. Ladenburg Thalmann Financial Services started coverage on shares of iPass in a research note on Monday, April 3rd. They issued a “buy” rating and a $2.70 price objective for the company. Benchmark Co. started coverage on shares of iPass in a research note on Tuesday, April 25th. They issued a “buy” rating and a $3.00 price objective for the company. Maxim Group set a $3.00 price objective on shares of iPass and gave the stock a “buy” rating in a research note on Thursday, May 4th. Aegis raised shares of iPass from a “hold” rating to a “buy” rating and raised their price objective for the stock from $1.35 to $2.75 in a research note on Wednesday, May 24th. Finally, ValuEngine lowered shares of iPass from a “hold” rating to a “sell” rating in a research note on Monday. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. iPass currently has an average rating of “Buy” and a consensus price target of $2.69.

About iPass

iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.