CounterPath Corporation (CPAH) Getting Somewhat Favorable Media Coverage, Report Finds
Media stories about CounterPath Corporation (NASDAQ:CPAH) (TSE:CCV) have been trending somewhat positive on Monday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CounterPath Corporation earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 47.7792864282199 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research firms have issued reports on CPAH. ValuEngine upgraded CounterPath Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Zacks Investment Research downgraded CounterPath Corporation from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 18th.
CounterPath Corporation (NASDAQ:CPAH) traded up 3.25% during midday trading on Monday, reaching $2.54. The company had a trading volume of 782 shares. CounterPath Corporation has a 12-month low of $1.75 and a 12-month high of $2.99. The stock’s 50 day moving average is $2.69 and its 200 day moving average is $2.31. The firm’s market capitalization is $13.93 million.
In other CounterPath Corporation news, CEO Donovan Jones acquired 11,368 shares of the business’s stock in a transaction on Thursday, July 20th. The shares were acquired at an average price of $2.20 per share, with a total value of $25,009.60. Following the completion of the transaction, the chief executive officer now owns 71,935 shares in the company, valued at $158,257. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Steven Bruk acquired 180,446 shares of the business’s stock in a transaction on Thursday, July 20th. The stock was acquired at an average cost of $2.20 per share, for a total transaction of $396,981.20. Following the transaction, the insider now owns 58,647 shares of the company’s stock, valued at approximately $129,023.40. The disclosure for this purchase can be found here. Insiders have purchased 200,870 shares of company stock valued at $441,914 over the last ninety days. 38.30% of the stock is currently owned by company insiders.
CounterPath Corporation Company Profile
CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
Receive News & Ratings for CounterPath Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CounterPath Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.