Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Sonic Foundry (SOFO) Stock Price
Media headlines about Sonic Foundry (NASDAQ:SOFO) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sonic Foundry earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 48.0485745022205 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Sonic Foundry stock traded up $0.06 during trading hours on Tuesday, reaching $1.82. The stock had a trading volume of 24,400 shares, compared to its average volume of 7,680. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.65 and a current ratio of 0.71. Sonic Foundry has a 1 year low of $1.71 and a 1 year high of $3.87.
Sonic Foundry (NASDAQ:SOFO) last announced its earnings results on Thursday, August 9th. The software maker reported ($0.23) EPS for the quarter. The company had revenue of $8.70 million for the quarter. Sonic Foundry had a negative net margin of 10.87% and a negative return on equity of 258.54%.
Sonic Foundry, Inc provides enterprise solutions and services for the Web communications market in the United States and internationally. It offers Mediasite Video Platform, an on-premises solution to publish, stream, manage, search, and analyze videos; and Mediasite Video Cloud, a solution, which provides hosting and management of content.
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