Somewhat Positive Media Coverage Somewhat Unlikely to Affect Magal Security Systems (MAGS) Stock Price
Media stories about Magal Security Systems (NASDAQ:MAGS) have been trending somewhat positive on Saturday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Magal Security Systems earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 47.5170527123778 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Magal Security Systems (NASDAQ MAGS) opened at $4.73 on Friday. Magal Security Systems has a 12-month low of $4.13 and a 12-month high of $8.00.
Magal Security Systems (NASDAQ:MAGS) last announced its quarterly earnings results on Thursday, August 31st. The industrial products company reported ($0.14) earnings per share for the quarter. The business had revenue of $13.25 million for the quarter. Magal Security Systems had a negative return on equity of 5.30% and a negative net margin of 7.05%.
Magal Security Systems Company Profile
Magal Security Systems Ltd. is an international provider of products and solutions for security, safety and site management. The Company’s solutions are integrated and managed by modular command and control software, supported by systems for real-time decision support. It operates through three segments: Perimeter Products, Turnkey Projects and Cyber Security.
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