RMG Networks Holding Corporation (RMGN) Receiving Somewhat Favorable News Coverage, Analysis Shows
Press coverage about RMG Networks Holding Corporation (NASDAQ:RMGN) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. 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. RMG Networks Holding Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.5702290433077 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- RMG Networks Holding Corporatio (NASDAQ:RMGN) Has Wide Low-High Trading Range Today – Down by 2.80% – First News 24 (firstnewspaper24.com)
- RMG Networks Holding Corporatio (NASDAQ:RMGN) Trading Volume Significantly Lower – First News 24 (firstnewspaper24.com)
- RMG Positions to Expand in Multi-Billion Dollar Retail Digital Signage Market with New Retail Practice Leader – GlobeNewswire (press release) (globenewswire.com)
A number of research firms recently commented on RMGN. Zacks Investment Research cut RMG Networks Holding Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. ValuEngine raised shares of RMG Networks Holding Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 6th. Finally, Roth Capital set a $4.00 target price on shares of RMG Networks Holding Corporation and gave the company a “buy” rating in a report on Tuesday, August 1st.
Shares of RMG Networks Holding Corporation (NASDAQ RMGN) opened at 2.14 on Monday. RMG Networks Holding Corporation has a one year low of $1.55 and a one year high of $4.44. The stock’s market capitalization is $23.87 million. The stock’s 50 day moving average is $2.24 and its 200-day moving average is $2.80.
RMG Networks Holding Corporation (NASDAQ:RMGN) last announced its earnings results on Thursday, August 3rd. The business services provider reported ($0.12) EPS for the quarter, meeting the consensus estimate of ($0.12). RMG Networks Holding Corporation had a negative return on equity of 50.92% and a negative net margin of 11.30%. The business had revenue of $9.09 million during the quarter, compared to the consensus estimate of $10.10 million. On average, equities research analysts expect that RMG Networks Holding Corporation will post ($0.44) EPS for the current year.
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About RMG Networks Holding Corporation
RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.
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