Jive Software (JIVE) Getting Somewhat Positive Press Coverage, Study Finds
News coverage about Jive Software (NASDAQ:JIVE) has trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jive Software earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.9955886462692 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of analysts have recently weighed in on JIVE shares. B. Riley cut Jive Software from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $6.00 to $5.25 in a research report on Tuesday, May 2nd. Zacks Investment Research cut Jive Software from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th.
Shares of Jive Software (JIVE) remained flat at $5.25 during trading on Wednesday. The firm has a 50-day moving average price of $5.23 and a 200-day moving average price of $4.50. Jive Software has a 52-week low of $3.50 and a 52-week high of $5.35.
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Jive Software Company Profile
Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub.
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