Ooma (OOMA) Earns Daily News Sentiment Score of 0.09
News headlines about Ooma (NYSE:OOMA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ooma earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.260917939827 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Ooma (OOMA) remained flat at $10.45 on Thursday. 8,783 shares of the company’s stock traded hands. The stock’s 50 day moving average is $10.25 and its 200 day moving average is $10.25. The stock’s market capitalization is $193.03 million. Ooma has a 12 month low of $7.30 and a 12 month high of $12.30.
Ooma (NYSE:OOMA) last announced its quarterly earnings results on Thursday, August 24th. The technology company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.16). Ooma had a negative return on equity of 30.96% and a negative net margin of 11.48%. The firm had revenue of $28.20 million for the quarter, compared to analysts’ expectations of $27.72 million. During the same period last year, the company posted ($0.05) earnings per share. The business’s quarterly revenue was up 11.9% on a year-over-year basis. On average, analysts predict that Ooma will post ($0.10) earnings per share for the current year.
A number of research firms recently weighed in on OOMA. Northland Securities set a $11.00 target price on shares of Ooma and gave the company a “buy” rating in a research note on Friday, August 25th. B. Riley restated a “buy” rating and set a $13.00 target price on shares of Ooma in a research note on Friday, September 1st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $11.92.
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In other Ooma news, VP James A. Gustke sold 7,200 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $10.35, for a total transaction of $74,520.00. Following the transaction, the vice president now directly owns 182,174 shares of the company’s stock, valued at $1,885,500.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP James A. Gustke sold 5,000 shares of the stock in a transaction on Monday, September 18th. The shares were sold at an average price of $9.81, for a total transaction of $49,050.00. Following the transaction, the vice president now directly owns 196,333 shares in the company, valued at $1,926,026.73. The disclosure for this sale can be found here. Insiders have sold 66,371 shares of company stock worth $671,551 over the last three months. 48.19% of the stock is currently owned by insiders.
Ooma Company Profile
Ooma, Inc is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling.
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