Identiv Inc (INVE) was Reiterated by Imperial Capital to “In-line” while Lowering the Price Target of the company shares to $ 3 from a previous price target of $4 . Imperial Capital advised their investors in a research report released on May 23, 2016.
Identiv Inc closed down -0.02 points or -0.99% at $2 with 23,327 shares getting traded on Friday. Post opening the session at $2, the shares hit an intraday low of $1.93 and an intraday high of $2.2 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Identiv Inc. formerly Identive Group Inc. is a global security technology company. The Company provides trust solutions in the connected world including premises information and everyday items. The Company has four operational business segments: Premises Identity Credentials and All Other. The Company’s uTrust premises products offerings include MX controllers Velocity management software and Touch Secure (TS) door readers. Its Identity products include uTrust readers which is a range of contact contactless portable and mobile smart card readers tokens and terminals. Its credentials products are NFC and radio frequency identification (RFID) products including inlays and inlay-based cards-labels tags and stickers as well as other radio frequency (RF) and integrated circuit (IC) components. The Company’s All Other segment includes products such as Chipdrive and Media readers.