NEW YORK ( TheStreet) -- Lantronix (Nasdaq: LTRX) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Lantronix, Inc. designs, develops, and markets networking and Internet connectivity products that are used to access, manage, control, and configure electronic products over the Internet or other networks. Lantronix has a market cap of $42.4 million and is part of the technology sector and computer hardware industry. The stock last closed at $4.06 and the average volume of shares traded for Lantronix has been 13,100 shares per day over the past 30 days. Shares are up 7.8% year to date as of the close of trading on Tuesday.

You can view the full Lantronix Ratings Report or get investment ideas from our investment research center.
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