Datawatch Corporation (DWCH) Earns Media Sentiment Score of 0.20
Press coverage about Datawatch Corporation (NASDAQ:DWCH) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news 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 nearest to one being the most favorable. Datawatch Corporation earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.6389085077014 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Datawatch Corporation (NASDAQ DWCH) traded up 1.832% on Monday, hitting $9.725. The company had a trading volume of 30,491 shares. The stock’s market cap is $118.64 million. Datawatch Corporation has a 12 month low of $5.25 and a 12 month high of $11.98. The company has a 50-day moving average of $9.90 and a 200 day moving average of $8.40.
Datawatch Corporation (NASDAQ:DWCH) last released its earnings results on Wednesday, July 19th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.08. Datawatch Corporation had a negative net margin of 14.74% and a negative return on equity of 10.87%. The business had revenue of $9.10 million during the quarter, compared to analyst estimates of $8.83 million. The firm’s quarterly revenue was up 23.0% on a year-over-year basis. Analysts anticipate that Datawatch Corporation will post ($0.10) EPS for the current fiscal year.
Several brokerages recently issued reports on DWCH. Zacks Investment Research downgraded Datawatch Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. Canaccord Genuity lifted their price objective on Datawatch Corporation from $8.50 to $10.00 and gave the stock a “hold” rating in a research report on Thursday, July 20th. ValuEngine upgraded Datawatch Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, National Securities upgraded Datawatch Corporation from a “neutral” rating to a “buy” rating in a research report on Friday, April 21st.
In related news, Director Randy Seidl sold 7,167 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $10.58, for a total value of $75,826.86. Following the completion of the sale, the director now owns 19,000 shares in the company, valued at approximately $201,020. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard De J. Osborne sold 18,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $11.27, for a total transaction of $202,860.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 94,076 shares of company stock valued at $1,041,409. Company insiders own 17.69% of the company’s stock.
Datawatch Corporation Company Profile
Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.
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