Media headlines about EMCORE (NASDAQ:EMKR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. EMCORE earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.9612487123889 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
EMCORE (NASDAQ:EMKR) traded up $0.12 during trading on Wednesday, hitting $5.72. 95,812 shares of the stock traded hands, compared to its average volume of 288,924. The stock has a market cap of $153.00, a PE ratio of 27.00, a P/E/G ratio of 46.67 and a beta of 0.36. EMCORE has a 12-month low of $4.90 and a 12-month high of $12.20.
EMCORE (NASDAQ:EMKR) last posted its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.03). The company had revenue of $24.04 million for the quarter, compared to analysts’ expectations of $24.75 million. EMCORE had a net margin of 5.48% and a return on equity of 6.59%. The business’s quarterly revenue was down 20.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 EPS. equities research analysts forecast that EMCORE will post 0.01 earnings per share for the current fiscal year.
In related news, CEO Jeffrey Rittichier sold 49,422 shares of EMCORE stock in a transaction on Friday, January 5th. The shares were sold at an average price of $7.05, for a total value of $348,425.10. Following the transaction, the chief executive officer now owns 366,007 shares in the company, valued at approximately $2,580,349.35. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.99% of the company’s stock.
EMCORE Corporation is engaged in designing and manufacturing indium phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The Company focuses on linear fiber optic transmission technology. The Company operates through Fiber Optics segment.
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