Koninklijke Philips N.V. (PHG) At $39.27 Forms Top; Mix Telematics Limited American Depositary Shares (MIXT) Shorts Raised By 12.66%

Mix Telematics Limited American Depositary Shares (NYSE:MIXT) had an increase of 12.66% in short interest. MIXT’s SI was 128,100 shares in March as released by FINRA. Its up 12.66% from 113,700 shares previously. With 46,900 avg volume, 3 days are for Mix Telematics Limited American Depositary Shares (NYSE:MIXT)’s short sellers to cover MIXT’s short positions. The SI to Mix Telematics Limited American Depositary Shares’s float is 0.91%. The stock decreased 1.18% or $0.18 during the last trading session, reaching $15.02. About 320,023 shares traded or 281.84% up from the average. MiX Telematics Limited (NYSE:MIXT) has risen 32.51% since March 13, 2017 and is uptrending. It has outperformed by 15.81% the S&P500.

Koninklijke Philips N.V. (PHG) formed multiple top with $40.84 target or 4.00% above today’s $39.27 share price. Koninklijke Philips N.V. (PHG) has $35.86B valuation. The stock decreased 0.23% or $0.09 during the last trading session, reaching $39.27. About 819,833 shares traded. Koninklijke Philips N.V. (NYSE:PHG) has risen 38.13% since March 13, 2017 and is uptrending. It has outperformed by 21.43% the S&P500.

Among 5 analysts covering MiX Telematics Ltd (NYSE:MIXT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. MiX Telematics Ltd had 10 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Thursday, May 25 by William Blair. Canaccord Genuity maintained MiX Telematics Limited (NYSE:MIXT) on Wednesday, August 12 with “Buy” rating. The company was downgraded on Thursday, January 12 by Oppenheimer. As per Friday, May 27, the company rating was upgraded by First Analysis. Canaccord Genuity maintained it with “Buy” rating and $17.0 target in Wednesday, December 6 report. The stock of MiX Telematics Limited (NYSE:MIXT) has “Hold” rating given on Monday, May 29 by ValuEngine. Canaccord Genuity maintained MiX Telematics Limited (NYSE:MIXT) rating on Thursday, August 3. Canaccord Genuity has “Buy” rating and $1200 target. The stock of MiX Telematics Limited (NYSE:MIXT) has “Buy” rating given on Thursday, February 1 by Canaccord Genuity.

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model worldwide. The company has market cap of $326.39 million. The firm offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; and MiX Fleet Manager Essential for monitoring drivers and vehicles. It has a 28.61 P/E ratio. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers mobile asset tracking and recovery services.

Among 14 analysts covering Koninklijke Philips N.V. (NYSE:PHG), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Koninklijke Philips N.V. had 15 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, May 11 by BNP Paribas. The stock of Koninklijke Philips N.V. (NYSE:PHG) has “Equal-Weight” rating given on Monday, December 12 by Morgan Stanley. The company was initiated on Tuesday, September 8 by Credit Suisse. The stock of Koninklijke Philips N.V. (NYSE:PHG) earned “Neutral” rating by BNP Paribas on Monday, October 16. The stock has “Buy” rating by UBS on Wednesday, August 10. HSBC upgraded the stock to “Buy” rating in Wednesday, October 26 report. The rating was initiated by ING Group on Friday, November 27 with “Hold”. On Tuesday, July 28 the stock rating was upgraded by Societe Generale to “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, September 2. The stock of Koninklijke Philips N.V. (NYSE:PHG) has “Hold” rating given on Tuesday, June 20 by Deutsche Bank.