News stories about Numerex (NASDAQ:NMRX) have trended positive on Thursday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Numerex earned a coverage optimism score of 0.36 on Accern’s scale. Accern also gave press coverage about the communications equipment provider an impact score of 44.4597243561397 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.
NMRX has been the topic of several recent analyst reports. ValuEngine cut Numerex from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 26th. Canaccord Genuity reiterated a “hold” rating and set a $4.50 price objective on shares of Numerex in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $4.67.
Shares of Numerex (NASDAQ:NMRX) traded down $0.05 during trading on Thursday, reaching $3.83. The company had a trading volume of 44,300 shares, compared to its average volume of 43,699. Numerex has a 1-year low of $3.38 and a 1-year high of $9.01. The firm has a market cap of $75.36, a price-to-earnings ratio of -3.45 and a beta of 0.45. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.00.
Numerex Corp. is a holding company. The Company, through its subsidiaries, provides managed enterprise solutions, which enable the Internet of Things (IoT). The Company offers solutions to incorporate the IoT building blocks, such as device, network, application and platform. Its technology encompasses a range of the IoT ecosystem and delivers solutions for enterprise users.
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