Onvia (ONVI) Earning Somewhat Positive Press Coverage, Study Finds
Press coverage about Onvia (NASDAQ:ONVI) has trended somewhat positive on Thursday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog 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. Onvia earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.3556159737185 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Onvia (ONVI) opened at 4.15 on Thursday. The stock’s market cap is $30.30 million. The company has a 50 day moving average of $4.37 and a 200-day moving average of $4.44. Onvia has a 12-month low of $3.90 and a 12-month high of $5.25.
Onvia (NASDAQ:ONVI) last posted its quarterly earnings data on Thursday, August 3rd. The business services provider reported ($0.10) earnings per share (EPS) for the quarter. Onvia had a negative net margin of 9.23% and a negative return on equity of 69.07%. The company had revenue of $6.14 million for the quarter.
In related news, insider Irvine N. Alpert sold 21,998 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $4.25, for a total value of $93,491.50. Following the sale, the insider now owns 68,662 shares in the company, valued at $291,813.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 19.81% of the company’s stock.
Onvia, Inc (Onvia) is a provider of business information and research solutions that help companies plan, market and sell to government agencies throughout the United States. The Company’s business solutions provide clients online access to its information about government procurement activity across local, state and federal government agencies.
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