First Analysis upgraded shares of Numerex Corp. (NDAQ:NMRX) from an underweight rating to an equal weight rating in a report published on Friday. The firm currently has $5.00 price target on the stock, down from their prior price target of $5.50.

Numerex Corp. (NDAQ:NMRX) traded down 1.9335% on Friday, reaching $4.5699. The company’s stock had a trading volume of 27,112 shares. Numerex Corp. has a 52 week low of $4.30 and a 52 week high of $9.01. The firm has a 50 day moving average price of $5.36 and a 200 day moving average price of $7.03. The stock’s market capitalization is $89.49 million.

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About Numerex Corp.

Numerex Corp. is a holding company. The Company, through its subsidiaries, provides managed enterprise solutions, which enable the Internet of Things (IoT). The Company offers solutions to incorporate the IoT building blocks, such as device, network, application and platform. Its technology encompasses a range of the IoT ecosystem and delivers solutions for enterprise users.

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