Media headlines about Amber Road (NYSE:AMBR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amber Road earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 45.502063487415 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Amber Road (AMBR) traded up $0.03 during trading hours on Wednesday, reaching $9.50. 20,157 shares of the company were exchanged, compared to its average volume of 172,653. The company has a market capitalization of $259.24, a PE ratio of -20.21 and a beta of 0.35. Amber Road has a fifty-two week low of $6.14 and a fifty-two week high of $10.29. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.64 and a quick ratio of 0.64.
A number of research analysts have recently weighed in on the company. ValuEngine downgraded Amber Road from a “hold” rating to a “sell” rating in a research note on Wednesday, March 7th. Needham & Company LLC increased their price objective on shares of Amber Road from $11.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, February 16th. Finally, Canaccord Genuity downgraded shares of Amber Road from a “buy” rating to a “hold” rating and increased their price objective for the stock from $9.74 to $10.00 in a research note on Friday, February 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $11.75.
Amber Road Company Profile
Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.
Receive News & Ratings for Amber Road Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amber Road and related companies with MarketBeat.com's FREE daily email newsletter.