Unwired Planet Inc (NASDAQ:UPIP) is scheduled to post its quarterly earnings results after the market closes on Tuesday, February 2nd. Analysts expect Unwired Planet to post earnings of ($0.90) per share for the quarter.

Unwired Planet Inc (NASDAQ:UPIP) traded down 13.75% during midday trading on Friday, reaching $9.28. 30,751 shares of the company’s stock were exchanged. The firm’s market capitalization is $87.08 million. Unwired Planet Inc has a 52 week low of $6.48 and a 52 week high of $13.20. The firm’s 50 day moving average is $10.47 and its 200 day moving average is $9.84.

Separately, Zacks Investment Research downgraded shares of Unwired Planet from a “buy” rating to a “hold” rating in a report on Tuesday, October 27th.

Unwired Planet, Inc. is an intellectual property licensing company with a portfolio of global mobile technology patents and patent applications. The patents cover a range of technologies associated with mobile communications. The Company pursues licensing in three markets: mobile cloud and services, infrastructure related to wireless networks and mobile devices. As of June 30, 2015, the Company owned 2,268 issued patents and 235 patent applications. The Company’s plan includes direct licensing, litigation when necessary, sale of its patents, joint ventures and partnering with one or more intellectual property specialists. The Company conducts an intellectual property licensing business drawing upon its global portfolio of approximately 2,500 patent assets. The Company licenses its patents to various licensees. The Company’s foundational patented technologies allow mobile devices to connect to the Internet.

12 Month Chart for NASDAQ:UPIP

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