News headlines about Limelight Networks (NASDAQ:LLNW) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Limelight Networks earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 45.4797191438387 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Limelight Networks (NASDAQ LLNW) traded down 0.93% on Friday, reaching $4.24. 352,553 shares of the company were exchanged. The firm’s 50 day moving average price is $3.75 and its 200 day moving average price is $3.19. The stock’s market capitalization is $463.21 million. Limelight Networks has a 52 week low of $1.45 and a 52 week high of $4.40.

Limelight Networks (NASDAQ:LLNW) last released its earnings results on Wednesday, July 26th. The information services provider reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $45.37 million during the quarter, compared to analysts’ expectations of $45.25 million. Limelight Networks had a negative net margin of 8.65% and a negative return on equity of 5.03%. Limelight Networks’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the business earned $0.01 EPS. Equities research analysts anticipate that Limelight Networks will post $0.06 EPS for the current year.

LLNW has been the topic of a number of research analyst reports. BidaskClub upgraded shares of Limelight Networks from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of Limelight Networks from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research report on Thursday, September 28th. TheStreet upgraded shares of Limelight Networks from a “d+” rating to a “c” rating in a research report on Thursday, July 27th. Finally, B. Riley restated a “buy” rating and set a $4.30 price objective on shares of Limelight Networks in a research report on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $3.64.

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Limelight Networks Company Profile

Limelight Networks, Inc operates a distributed network and provides a suite of integrated services marketed as the Limelight Orchestrate Platform. The Company is engaged in providing content delivery and related services and solutions for global businesses to help them deliver their digital content across Internet, mobile, and social channels.

Insider Buying and Selling by Quarter for Limelight Networks (NASDAQ:LLNW)

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