Covisint (COVS) Getting Somewhat Positive News Coverage, Report Finds
Press coverage about Covisint (NASDAQ:COVS) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news 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. Covisint earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 46.5118308895018 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Covisint (COVS) traded up $0.05 on Monday, reaching $2.45. The company had a trading volume of 187,100 shares, compared to its average volume of 178,850. The stock has a market cap of $99.09, a PE ratio of -7.90 and a beta of 1.26. Covisint has a twelve month low of $1.71 and a twelve month high of $2.50.
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Covisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company’s Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services.
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