News coverage about Avid Technology (NASDAQ:AVID) has been trending somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Avid Technology earned a daily sentiment score of -0.03 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.7340582653301 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories 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 $0.19 on Wednesday, reaching $5.11. The company had a trading volume of 182,488 shares, compared to its average volume of 274,340. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of -0.71. Avid Technology has a fifty-two week low of $3.99 and a fifty-two week high of $7.65. The company has a market cap of $211.70, a price-to-earnings ratio of -28.17 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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