Media headlines about KVH Industries (NASDAQ:KVHI) have trended somewhat negative recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KVH Industries earned a media sentiment score of -0.10 on Accern’s scale. Accern also gave media stories about the communications equipment provider an impact score of 46.9435787029411 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of analysts have recently issued reports on the stock. Zacks Investment Research cut shares of KVH Industries from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine cut shares of KVH Industries from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. KVH Industries currently has a consensus rating of “Hold” and an average target price of $10.33.
KVH Industries (KVHI) traded up $0.15 during midday trading on Wednesday, hitting $10.55. 3,940 shares of the stock were exchanged, compared to its average volume of 22,118. The company has a current ratio of 2.26, a quick ratio of 1.73 and a debt-to-equity ratio of 0.42. The firm has a market cap of $184.02, a PE ratio of -15.75 and a beta of 0.83. KVH Industries has a one year low of $7.65 and a one year high of $12.65.
In other news, CEO Van Heyningen Martin Kits sold 4,796 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $9.22, for a total transaction of $44,219.12. Following the completion of the sale, the chief executive officer now owns 637,431 shares in the company, valued at approximately $5,877,113.82. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 10,051 shares of company stock valued at $95,816. 9.70% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION WARNING: “Somewhat Critical News Coverage Somewhat Unlikely to Impact KVH Industries (KVHI) Stock Price” was reported by BBNS and is owned by of BBNS. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://baseballnewssource.com/2018/03/14/somewhat-critical-news-coverage-somewhat-unlikely-to-impact-kvh-industries-kvhi-stock-price/2029657.html.
KVH Industries Company Profile
KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.
Receive News & Ratings for KVH Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KVH Industries and related companies with MarketBeat.com's FREE daily email newsletter.