Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Digi International (DGII) Stock Price

Press coverage about Digi International (NASDAQ:DGII) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Digi International earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.1970153627363 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of equities research analysts recently weighed in on DGII shares. Zacks Investment Research upgraded shares of Digi International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Sidoti cut shares of Digi International from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research report on Monday, October 16th. Canaccord Genuity reissued a “buy” rating on shares of Digi International in a research note on Friday, October 27th. BidaskClub raised Digi International from a “strong sell” rating to a “sell” rating in a research note on Saturday. Finally, TheStreet raised Digi International from a “c+” rating to a “b” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $14.00.

Shares of Digi International (DGII) traded up $0.30 during midday trading on Monday, hitting $10.25. The company had a trading volume of 60,000 shares, compared to its average volume of 82,344. Digi International has a 1-year low of $8.50 and a 1-year high of $14.00. The company has a market cap of $274.66, a PE ratio of 29.29 and a beta of 1.44.

Digi International (NASDAQ:DGII) last posted its earnings results on Thursday, October 26th. The technology company reported $0.16 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.08. Digi International had a return on equity of 3.24% and a net margin of 5.16%. The firm had revenue of $45.10 million during the quarter, compared to analyst estimates of $45.66 million. During the same period in the previous year, the company earned $0.14 EPS. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. analysts expect that Digi International will post 0.25 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Digi International (DGII) Stock Price” was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://baseballnewssource.com/markets/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-digi-international-dgii-stock-price/1817905.html.

Digi International Company Profile

Digi International Inc is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products.

Insider Buying and Selling by Quarter for Digi International (NASDAQ:DGII)

Receive News & Ratings for Digi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digi International and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.