Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Magal Security Systems (MAGS) Share Price
Press coverage about Magal Security Systems (NASDAQ:MAGS) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Magal Security Systems earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 47.6341548177649 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, ValuEngine raised shares of Magal Security Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, May 29th.
Shares of Magal Security Systems stock remained flat at $$5.35 during trading hours on Friday. 2,370 shares of the company’s stock were exchanged, compared to its average volume of 6,877. Magal Security Systems has a 12-month low of $4.13 and a 12-month high of $6.48.
Magal Security Systems Company Profile
Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, and cyber security products and systems worldwide. It operates through three segments: Perimeter Products, Turnkey Projects, and Video and Cyber Security.
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