Somewhat Favorable News Coverage Somewhat Unlikely to Affect Ballantyne Strong (BTN) Share Price
Press coverage about Ballantyne Strong (NYSE:BTN) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ballantyne Strong earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the consumer goods maker an impact score of 47.7180407761588 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Ballantyne Strong (NYSE:BTN) opened at $5.20 on Tuesday. Ballantyne Strong has a 1 year low of $5.15 and a 1 year high of $8.10.
Ballantyne Strong (NYSE:BTN) last announced its quarterly earnings data on Monday, November 6th. The consumer goods maker reported ($0.07) EPS for the quarter. Ballantyne Strong had a negative net margin of 8.95% and a negative return on equity of 17.27%. The firm had revenue of $12.81 million for the quarter.
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In related news, CEO Kyle Cerminara purchased 4,320 shares of the stock in a transaction dated Wednesday, August 16th. The stock was bought at an average cost of $6.32 per share, for a total transaction of $27,302.40. Following the completion of the acquisition, the chief executive officer now owns 189,168 shares of the company’s stock, valued at $1,195,541.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Global Investors Fundamental purchased 15,738 shares of the stock in a transaction dated Wednesday, August 30th. The shares were bought at an average price of $6.41 per share, with a total value of $100,880.58. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 54,861 shares of company stock valued at $354,858.
About Ballantyne Strong
Ballantyne Strong, Inc is a holding company. The Company’s business activities focus on serving the cinema, retail, financial and government markets. The Company and its subsidiaries design, integrate and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens, and provide managed services, including monitoring of networked equipment to its customers.
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