Connecture (CNXR) Earns Daily News Impact Rating of 0.13
News stories about Connecture (NASDAQ:CNXR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Connecture earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 48.0748338269551 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Connecture (CNXR) traded up 1.69% during midday trading on Friday, hitting $0.60. 129,661 shares of the stock traded hands. The company’s 50-day moving average is $0.70 and its 200 day moving average is $1.05. Connecture has a 12-month low of $0.48 and a 12-month high of $2.44. The firm’s market cap is $13.73 million.
Connecture (NASDAQ:CNXR) last issued its earnings results on Monday, August 7th. The technology company reported ($0.30) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.19) by $0.11. The firm had revenue of $18.30 million during the quarter, compared to analyst estimates of $17.16 million. During the same period in the prior year, the firm earned ($0.47) EPS. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts anticipate that Connecture will post ($0.76) EPS for the current fiscal year.
Separately, Zacks Investment Research raised shares of Connecture from a “sell” rating to a “hold” rating and set a $1.00 price objective for the company in a research report on Monday, May 15th.
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Connecture Company Profile
Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.
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