PC Tel (PCTI) Receives News Sentiment Rating of -0.19
Media headlines about PC Tel (NASDAQ:PCTI) have trended somewhat negative this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PC Tel earned a news impact score of -0.19 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 47.360234418169 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
PC Tel (NASDAQ PCTI) opened at $7.36 on Wednesday. The stock has a market capitalization of $129.59, a P/E ratio of -25.38 and a beta of 0.67. PC Tel has a 52-week low of $5.36 and a 52-week high of $8.48.
PC Tel (NASDAQ:PCTI) last issued its quarterly earnings data on Wednesday, November 8th. The Wireless communications provider reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The business had revenue of $23.70 million during the quarter, compared to the consensus estimate of $23.11 million. PC Tel had a positive return on equity of 2.14% and a negative net margin of 4.86%. The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 earnings per share. research analysts expect that PC Tel will post 0.12 EPS for the current fiscal year.
In other news, Director Brian J. Jackman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $7.21, for a total transaction of $72,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 7.47% of the company’s stock.
About PC Tel
PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.
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