Echelon Corporation (ELON) Skyrocketed to $8.22 on Jun, 29

June 29, 2018 - By Georgina Andrews

Echelon Corporation (NASDAQ:ELON) Corporate Logo

Echelon Corporation (NASDAQ:ELON) rose to $8.22. It was posted on Jun, 29 by Barchart.com. The company has $37.34 million MC. $1.12 million more could be NASDAQ:ELON valuation at $8.47 share price.

Echelon Corporation (NASDAQ:ELON)’s earnings report is expected on August, 2., as reported by Faxor. Analysts predict $0.30 earnings per share. That’s $0.61 up or 196.77 % from 2017’s earnings of $-0.31. If ELON’s EPS is $0.30 the profit will be $1.36 million for 6.85 P/E. After $-0.30 earnings per share was announced last quarter, analysts now see EPS growth of -200.00 % for Echelon Corporation.

For more Echelon Corporation (NASDAQ:ELON) news published recently go to: Nasdaq.com, Benzinga.com, Marketwatch.com, Globenewswire.com or Nasdaq.com. The titles are as follows: “Adesto Announces Agreement to Acquire Echelon” published on June 29, 2018, “35 Stocks Moving In Friday’s Mid-Day Session” on June 29, 2018, “Bloom Energy IPO: 5 things to know about the Silicon Valley clean-energy ‘unicorn'” with a publish date: June 13, 2018, “Factors of Influence in 2018, Key Indicators and Opportunity within Regency Centers, Motorola Solutions, California …” and the last “Mid-Morning Market Update: Markets Open Higher; Constellation Brands Earnings Miss Estimates” with publication date: June 29, 2018.

Echelon Corporation develops and markets energy control networking platforms.The firm is worth $37.34 million. The Company’s products enable everyday devices, including air conditioners, appliances, elevators, electricity meters, light switches, thermostats, and valves to be inter-connected.Last it reported negative earnings. The firm offers chips, modules, gateways, and design and management software to original equipment manufacturers under the LONWORKS and IzoT brands.

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