CUI Global (CUI) Receives Daily Coverage Optimism Rating of 0.16
Media stories about CUI Global (NASDAQ:CUI) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CUI Global earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.4048546725274 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
CUI Global (NASDAQ:CUI) traded down $0.13 during trading hours on Friday, hitting $2.46. The company had a trading volume of 183,200 shares, compared to its average volume of 80,292. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.39 and a quick ratio of 0.72. CUI Global has a fifty-two week low of $2.46 and a fifty-two week high of $6.94.
Several brokerages recently weighed in on CUI. Zacks Investment Research cut CUI Global from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. ValuEngine raised CUI Global from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, HC Wainwright set a $12.00 target price on CUI Global and gave the company a “buy” rating in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.00.
In related news, CFO Daniel Ned Ford purchased 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 19th. The stock was acquired at an average price of $2.80 per share, for a total transaction of $35,000.00. Following the transaction, the chief financial officer now directly owns 49,554 shares of the company’s stock, valued at approximately $138,751.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 20,000 shares of company stock valued at $56,000 in the last quarter. 5.23% of the stock is currently owned by corporate insiders.
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CUI Global Company Profile
CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).
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