News articles about Avid Technology (NASDAQ:AVID) have trended somewhat negative on Wednesday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Avid Technology earned a media sentiment score of -0.10 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.5646552346081 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Avid Sports Solutions Embraced by Top Collegiate Athletic Programs Across the Country (finance.yahoo.com)
- Ben Golub Joins Storj Labs as Executive Chairman, Interim CEO (it.tmcnet.com)
- Financial Analysis: Immersion (IMMR) vs. Avid Technology (AVID) (americanbankingnews.com)
- Avid Upgrades MTV3’s News Production Infrastructure Nasdaq:AVID (menafn.com)
- Avid Upgrades MTV3’s News Production Infrastructure (finance.yahoo.com)
Avid Technology (AVID) traded down $0.23 during trading on Wednesday, reaching $5.07. The company’s stock had a trading volume of 110,471 shares, compared to its average volume of 272,294. The company has a quick ratio of 0.46, a current ratio of 0.65 and a debt-to-equity ratio of -0.71. Avid Technology has a twelve month low of $3.99 and a twelve month high of $7.65. The company has a market capitalization of $211.70, a P/E ratio of -28.28 and a beta of 1.84.
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About Avid Technology
Avid Technology, Inc is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution.
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