News coverage about PC-Tel (NASDAQ:PCTI) has been trending somewhat positive on Monday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PC-Tel earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the Wireless communications provider an impact score of 47.0683568547189 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

PCTI has been the topic of a number of recent research reports. Wunderlich lowered shares of PC-Tel from a “buy” rating to a “hold” rating and set a $8.00 price target on the stock. in a research report on Wednesday, May 10th. Zacks Investment Research lowered shares of PC-Tel from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, B. Riley reaffirmed a “buy” rating and set a $9.00 price target on shares of PC-Tel in a research report on Saturday, May 13th.

Shares of PC-Tel (NASDAQ PCTI) traded up 3.73% during midday trading on Monday, reaching $6.12. 12,154 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $7.07 and a 200 day moving average price of $6.61. PC-Tel has a 12 month low of $4.80 and a 12 month high of $8.48. The company’s market cap is $108.88 million.

PC-Tel (NASDAQ:PCTI) last announced its quarterly earnings results on Tuesday, August 8th. The Wireless communications provider reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.01. PC-Tel had a positive return on equity of 1.60% and a negative net margin of 5.61%. The firm had revenue of $21.50 million for the quarter, compared to analysts’ expectations of $24.09 million. During the same period in the prior year, the business posted $0.08 earnings per share. The company’s revenue was up .9% on a year-over-year basis. Equities research analysts forecast that PC-Tel will post $0.24 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 8th will be given a dividend of $0.055 per share. The ex-dividend date is Friday, August 4th. This is a boost from PC-Tel’s previous quarterly dividend of $0.05. This represents a $0.22 annualized dividend and a dividend yield of 3.73%. PC-Tel’s dividend payout ratio is currently -64.70%.

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About PC-Tel

PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.

Insider Buying and Selling by Quarter for PC-Tel (NASDAQ:PCTI)

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