I.D. Systems (IDSY) Given Daily Media Impact Rating of 0.16
Headlines about I.D. Systems (NASDAQ:IDSY) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. I.D. Systems earned a news impact score of 0.16 on Accern’s scale. Accern also gave media stories about the communications equipment provider an impact score of 45.9560703205536 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s analysis:
- B. Riley & Co. Acts As Sole Book-Runner On $15 Million Public Offering Of I.D. Systems, Inc. (thestreet.com)
- Edited Transcript of IDSY earnings conference call or presentation 3-Aug-17 8:45pm GMT (finance.yahoo.com)
- I.D. Systems Reports Second Quarter 2017 Results (nasdaq.com)
- I.D. Systems, Inc. (IDSY) Given “Buy” Rating at B. Riley (americanbankingnews.com)
Several equities analysts recently issued reports on IDSY shares. B. Riley reissued a “buy” rating and issued a $7.00 target price on shares of I.D. Systems in a research report on Tuesday, May 2nd. Roth Capital set a $9.00 target price on I.D. Systems and gave the company a “buy” rating in a research report on Tuesday, May 2nd. ValuEngine raised I.D. Systems from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research raised I.D. Systems from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $7.75.
I.D. Systems (NASDAQ IDSY) traded up 0.071% during trading on Tuesday, hitting $7.025. The company had a trading volume of 26,630 shares. The stock’s market capitalization is $95.26 million. The firm’s 50 day moving average is $6.47 and its 200-day moving average is $6.31. I.D. Systems has a 52-week low of $4.26 and a 52-week high of $7.34.
In related news, major shareholder Lloyd I. Miller III purchased 260,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were purchased at an average cost of $5.75 per share, for a total transaction of $1,495,000.00. The purchase was disclosed in a document filed with the SEC, which is available through this link. 12.17% of the stock is owned by company insiders.
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I.D. Systems Company Profile
I.D. Systems, Inc (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers.
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