EVOL - Evolving Systems Inc.: 52-Week High Recently Eclipsed (EVOL)
Evolving Systems Inc. (NASDAQ:EVOL) traded at a new 52-week high today of $5.98. So far today approximately 11.8 million shares have been exchanged, as compared to an average 30-day volume of 33,000 shares.
Over the past year, Evolving Systems Inc. has traded in a range of $0.56 to $3.16 and is now at $1.97.
Based on a current price of $1.97, Evolving Systems Inc. is currently 9.4% above its average consensus analyst price target of $1.79.
Evolving Systems Inc provides real-time digital engagement solutions and services. It offers services to the wireless carrier and consumer financial services markets. The company's portfolio includes solutions and services for real-time analytics, customer acquisition and activation, customer value management and loyalty for the telecom industry promoting partnerships into retail and financial services. It operates in one operating segment which includes two revenue types: license fees revenue and services revenue. The firm offers software solutions and services throughout the world.
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