RE:Current price target (fiscal 2020)I think it should be anywhere from 60-90 million market cap which is anywhere from 68 cents to $1
I like to see an increase in recurring revenue for me to see a valuation above $1
If they are awarded the 30 million Septa contract for the next year and other pilot projects(still speculative) then these present valuations would get crushed. The stock would likely trade in the $2-3 range.