CounterPath Corporation (CPAH) Getting Somewhat Favorable Press Coverage, Study Finds
Press coverage about CounterPath Corporation (NASDAQ:CPAH) (TSE:CCV) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CounterPath Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 47.5259683872682 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Analysts Set Expectations for CounterPath Corporation’s Q3 2018 Earnings (CPAH) (americanbankingnews.com)
- CounterPath Corp. :CPAH-US: Earnings Analysis: Q1, 2018 By the Numbers : September 15, 2017 (finance.yahoo.com)
- CounterPath Reports First Quarter Fiscal 2018 Financial Results (finance.yahoo.com)
- CounterPath Reports First Quarter Fiscal 2018 Financial Results (nasdaq.com)
- CounterPath : reports 1Q loss (4-traders.com)
Several research firms have recently weighed in on CPAH. ValuEngine upgraded shares of CounterPath Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of CounterPath Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th.
CounterPath Corporation (NASDAQ CPAH) traded up 0.000% during midday trading on Wednesday, hitting $2.795. 18 shares of the stock traded hands. The company’s market capitalization is $13.82 million. CounterPath Corporation has a 52 week low of $1.75 and a 52 week high of $2.99. The stock’s 50-day moving average price is $2.69 and its 200 day moving average price is $2.31.
In related news, CEO Donovan Jones acquired 11,368 shares of the firm’s stock in a transaction on Thursday, July 20th. The stock was acquired at an average cost of $2.20 per share, for a total transaction of $25,009.60. Following the acquisition, the chief executive officer now owns 71,935 shares of the company’s stock, valued at $158,257. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Steven Bruk acquired 180,446 shares of the firm’s stock in a transaction on Thursday, July 20th. The stock was bought at an average price of $2.20 per share, with a total value of $396,981.20. Following the completion of the acquisition, the insider now directly owns 58,647 shares in the company, valued at approximately $129,023.40. The disclosure for this purchase can be found here. Insiders have purchased a total of 200,870 shares of company stock valued at $441,914 over the last quarter. 38.30% of the stock is currently owned by company insiders.
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CounterPath Corporation Company Profile
CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
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