News coverage about Lantronix (NASDAQ:LTRX) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press 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 nearest to one being the most favorable. Lantronix earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 47.5773406965585 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Lantronix (NASDAQ LTRX) traded down $0.07 during mid-day trading on Thursday, reaching $2.17. 37,275 shares of the company traded hands, compared to its average volume of 79,699. Lantronix has a 1 year low of $1.78 and a 1 year high of $4.09. The firm has a market capitalization of $38.28, a price-to-earnings ratio of -54.25 and a beta of -0.08.

Lantronix (NASDAQ:LTRX) last issued its quarterly earnings results on Thursday, January 25th. The technology company reported $0.02 EPS for the quarter. Lantronix had a negative net margin of 1.42% and a positive return on equity of 3.84%. The firm had revenue of $11.34 million during the quarter.

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About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks.

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