Media coverage about Houston Wire & Cable Company (NASDAQ:HWCC) has trended positive this week, according to Alpha One. The research firm, a subsidiary of Accern, identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Houston Wire & Cable Company earned a daily sentiment score of 0.36 on Alpha One’s scale. Alpha One also gave media coverage about the industrial products company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.

A number of equities research analysts have recently issued reports on the company. Raymond James Financial, Inc. upgraded Houston Wire & Cable Company to a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded Houston Wire & Cable Company from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 10th.

Houston Wire & Cable Company (NASDAQ:HWCC) traded down 3.08% during midday trading on Thursday, hitting $6.30. The stock had a trading volume of 96,512 shares. The company’s 50-day moving average price is $6.61 and its 200 day moving average price is $6.44. Houston Wire & Cable Company has a 12-month low of $5.10 and a 12-month high of $8.05. The stock’s market cap is $103.99 million.

Houston Wire & Cable Company (NASDAQ:HWCC) last issued its quarterly earnings results on Thursday, March 16th. The industrial products company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.09. Houston Wire & Cable Company had a negative net margin of 1.67% and a negative return on equity of 1.94%. The firm had revenue of $69.26 million for the quarter, compared to the consensus estimate of $71.78 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. The company’s revenue was down 1.5% on a year-over-year basis. On average, equities research analysts predict that Houston Wire & Cable Company will post $0.06 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Watch List News and is the property of of Watch List News. If you are reading this report on another domain, it was stolen and republished in violation of international copyright law. The original version of this report can be read at https://www.watchlistnews.com/houston-wire-cable-company-hwcc-receives-daily-news-impact-rating-of-0-36/1206186.html.

Houston Wire & Cable Company Company Profile

Houston Wire & Cable Company is a holding company. The Company is engaged in provision of electrical and mechanical wire and cable, hardware and related services. It operates through sales of wire and cable, hardware and related services segment in the United States market. Its cable management program includes purchasing and storing inventory for product availability.

5 Day Chart for NASDAQ:HWCC

Receive News & Ratings for Houston Wire & Cable Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houston Wire & Cable Company and related companies with Analyst Ratings Network's FREE daily email newsletter.