CSP (CSPI) Receiving Somewhat Favorable Press Coverage, Analysis Shows
News coverage about CSP (NASDAQ:CSPI) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CSP earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the information technology services provider an impact score of 46.8379867299465 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
CSP (NASDAQ:CSPI) traded up $0.74 during trading on Tuesday, hitting $15.07. The company’s stock had a trading volume of 37,900 shares, compared to its average volume of 29,220. The company has a market cap of $59.71, a P/E ratio of 23.55 and a beta of 0.72. CSP has a 1-year low of $8.25 and a 1-year high of $17.00.
CSP (NASDAQ:CSPI) last released its quarterly earnings results on Tuesday, December 19th. The information technology services provider reported $0.36 earnings per share (EPS) for the quarter. CSP had a return on equity of 12.86% and a net margin of 2.14%. The business had revenue of $35.72 million during the quarter.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.44 dividend on an annualized basis and a yield of 2.92%. CSP’s dividend payout ratio is presently 68.75%.
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CSP Inc and its subsidiaries develop and market information technology (IT) integration solutions, security and managed services, network adapters, and cluster computer systems. The Company operates in two segments: High Performance Products (HPP) and Technology Solutions (TS). The HPP segment comprises two product lines: its Multicomputer product portfolio of computing systems for digital signal processing (DSP) applications within the defense market, and its Myricom product line of network Ethernet adapters that are offered to both commercial and government customers.
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