Numerex Corp. (NMRX) Receives Daily Media Sentiment Rating of 0.16
News stories about Numerex Corp. (NASDAQ:NMRX) have been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Numerex Corp. earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 44.9319253943955 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Numerex Corp. (NASDAQ NMRX) traded up $0.01 during trading on Tuesday, reaching $3.48. The company’s stock had a trading volume of 16,400 shares, compared to its average volume of 44,891. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.00. Numerex Corp. has a 52-week low of $3.43 and a 52-week high of $9.01.
A number of research firms recently issued reports on NMRX. Canaccord Genuity boosted their price objective on Numerex Corp. from $5.00 to $5.50 and gave the company a “hold” rating in a research report on Thursday, August 3rd. ValuEngine lowered Numerex Corp. from a “sell” rating to a “strong sell” rating in a research report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Numerex Corp. presently has a consensus rating of “Hold” and an average price target of $4.67.
COPYRIGHT VIOLATION NOTICE: “Numerex Corp. (NMRX) Receives Daily Media Sentiment Rating of 0.16” was reported by Daily Political and is the property of of Daily Political. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/11/14/numerex-corp-nmrx-receives-daily-media-sentiment-rating-of-0-16.html.
Numerex Corp. Company Profile
Numerex Corp. is a holding company. The Company, through its subsidiaries, provides managed enterprise solutions, which enable the Internet of Things (IoT). The Company offers solutions to incorporate the IoT building blocks, such as device, network, application and platform. Its technology encompasses a range of the IoT ecosystem and delivers solutions for enterprise users.
Receive News & Ratings for Numerex Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Numerex Corp. and related companies with MarketBeat.com's FREE daily email newsletter.