Exar (EXAR) Receives Daily News Impact Rating of 0.14
News headlines about Exar (NYSE:EXAR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Exar earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 45.5388640043643 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Exar (EXAR) remained flat at $12.99 during trading on Thursday. 52 shares of the stock were exchanged. The firm’s 50-day moving average is $12.99 and its 200-day moving average is $11.71. Exar has a 52 week low of $7.46 and a 52 week high of $13.05.
Separately, B. Riley reiterated a “neutral” rating and issued a $13.00 target price on shares of Exar in a research report on Sunday, May 14th.
Exar Company Profile
Exar Corporation (Exar) designs, develops and markets analog mixed-signal integrated circuits (ICs) and sub-system solutions. The Company’s products are deployed in a range of applications, such as industrial, instrumentation and medical equipment, networking and telecommunication systems, servers, enterprise storage systems, flat panel displays, light emitting diode (LED) lighting solutions, set top boxes and digital video recorders.
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