Media headlines about Casa Systems (NASDAQ:CASA) have trended somewhat positive on Wednesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Casa Systems earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.4875280582287 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Casa Systems (CASA) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Strength Seen in Casa Systems (CASA): Stock Soars 11.1% (finance.yahoo.com)
- Casa Systems Rises As Cable TV Industry Spends More On Software (finance.yahoo.com)
- Contrasting Casa Systems (CASA) and The Competition (americanbankingnews.com)
- Casa Systems (CASA) PT Raised to $27.00 (americanbankingnews.com)
Shares of Casa Systems (NASDAQ CASA) traded up $1.20 during trading hours on Wednesday, hitting $31.20. The stock had a trading volume of 1,338,826 shares, compared to its average volume of 558,119. Casa Systems has a one year low of $13.25 and a one year high of $31.40. The firm has a market cap of $2,500.00 and a price-to-earnings ratio of 120.00. The company has a debt-to-equity ratio of 5.89, a current ratio of 4.23 and a quick ratio of 3.87.
In other Casa Systems news, Director Bruce R. Evans acquired 250,000 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was purchased at an average price of $13.00 per share, for a total transaction of $3,250,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jerry Guo acquired 100,000 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was acquired at an average price of $13.00 per share, with a total value of $1,300,000.00. The disclosure for this purchase can be found here.
About Casa Systems
Casa Systems, Inc is provides a software-centric infrastructure solutions. In addition, the Company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Its products include axyom software platform, delivery platforms, multi-service applications, capacity expansion products.
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