News coverage about Aviat Networks (NASDAQ:AVNW) has trended positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aviat Networks earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 44.7883496551225 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Aviat Networks (AVNW) traded up $0.23 during trading hours on Monday, hitting $17.57. 2,698 shares of the company’s stock traded hands, compared to its average volume of 18,323. The firm has a market capitalization of $92.61, a P/E ratio of 42.38 and a beta of 0.82. Aviat Networks has a fifty-two week low of $12.90 and a fifty-two week high of $24.14.
Aviat Networks (NASDAQ:AVNW) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.53 EPS for the quarter. The business had revenue of $61.72 million during the quarter. Aviat Networks had a net margin of 1.09% and a return on equity of 3.93%.
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Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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