Aviat Networks (AVNW) Earning Somewhat Positive Media Coverage, Analysis Finds
News coverage about Aviat Networks (NASDAQ:AVNW) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aviat Networks earned a news impact score of 0.15 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 47.1874588528825 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, TheStreet raised shares of Aviat Networks from a “d” rating to a “c-” rating in a research note on Thursday, September 7th.
Shares of Aviat Networks (AVNW) traded up 0.72% on Monday, hitting $16.80. 13,047 shares of the stock traded hands. The company’s 50 day moving average is $16.34 and its 200 day moving average is $17.02. The stock’s market cap is $89.33 million. Aviat Networks has a one year low of $8.42 and a one year high of $24.14.
Aviat Networks (NASDAQ:AVNW) last released its earnings results on Wednesday, September 6th. The communications equipment provider reported ($0.03) earnings per share for the quarter. Aviat Networks had a negative net margin of 0.34% and a negative return on equity of 0.75%. The business had revenue of $56.43 million for the quarter. On average, equities analysts forecast that Aviat Networks will post ($0.13) EPS for the current year.
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Aviat Networks Company Profile
Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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