RMG Networks (RMGN) Given Daily Media Sentiment Score of 0.13
News articles about RMG Networks (NASDAQ:RMGN) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RMG Networks earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.9014345190932 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of analysts have issued reports on the stock. Roth Capital set a $3.00 price target on shares of RMG Networks and gave the company a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research downgraded shares of RMG Networks from a “hold” rating to a “sell” rating in a report on Saturday, November 11th.
Shares of RMG Networks (RMGN) traded down $0.08 during midday trading on Friday, reaching $1.09. 511,109 shares of the company’s stock were exchanged, compared to its average volume of 1,523,346. RMG Networks has a one year low of $0.75 and a one year high of $4.44.
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RMG Networks Company Profile
RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.
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