News coverage about Numerex (NASDAQ:NMRX) has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Numerex earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 46.2657750602985 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Numerex (NASDAQ NMRX) remained flat at $$3.83 on Friday. The stock has a market capitalization of $75.36, a PE ratio of -3.45 and a beta of 0.45. The company has a current ratio of 1.00, a quick ratio of 0.76 and a debt-to-equity ratio of 0.24. Numerex has a 12 month low of $3.38 and a 12 month high of $9.01.

A number of equities research analysts have weighed in on the company. Canaccord Genuity restated a “hold” rating and set a $4.50 price target on shares of Numerex in a research report on Friday, November 3rd. ValuEngine downgraded Numerex from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $4.67.

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About Numerex

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.

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