Media headlines about CCUR (NASDAQ:CCUR) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CCUR earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 44.7737337180815 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
CCUR stock opened at $4.77 on Wednesday. CCUR has a one year low of $4.62 and a one year high of $7.10. The stock has a market cap of $52.86, a P/E ratio of 1.47 and a beta of 0.29.
CCUR announced that its board has approved a share buyback plan on Monday, March 5th that permits the company to buyback 1,000,000 shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
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CCUR Company Profile
CCUR Holdings, Inc, formerly Concurrent Computer Corporation, is in the process of evaluating opportunities intended to maximize the value of its remaining assets. This will include the evaluation of opportunities to invest in or acquire one or more operating businesses.
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