Somewhat Favorable News Coverage Somewhat Unlikely to Affect DASAN Zhone Solutions (DZSI) Stock Price
Press coverage about DASAN Zhone Solutions (NASDAQ:DZSI) has trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DASAN Zhone Solutions earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 46.6606165575171 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Dasan Zhone Solutions reports Q2 2017 financial results (financial-news.co.uk)
- Edited Transcript of DZSI earnings conference call or presentation 9-Aug-17 9:00pm GMT (finance.yahoo.com)
- DASAN Zhone Solutions, Inc. (DZSI) Issues Earnings Results, Beats Estimates By $0.02 EPS (americanbankingnews.com)
- Dasan Zhone reports 2Q loss (cnbc.com)
- DASAN Zhone Solutions’ (DZSI) CEO Yung Kim on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
Separately, Zacks Investment Research upgraded shares of DASAN Zhone Solutions from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 9th.
DASAN Zhone Solutions (NASDAQ DZSI) remained flat at $6.91 during mid-day trading on Monday. The stock had a trading volume of 95 shares. The stock has a 50 day moving average of $6.68 and a 200-day moving average of $5.24. The stock’s market capitalization is $113.18 million. DASAN Zhone Solutions has a 52 week low of $4.25 and a 52 week high of $10.00.
DASAN Zhone Solutions (NASDAQ:DZSI) last released its earnings results on Wednesday, August 9th. The communications equipment provider reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.02. DASAN Zhone Solutions had a negative net margin of 7.22% and a negative return on equity of 19.03%. The company had revenue of $60.11 million during the quarter, compared to analysts’ expectations of $54.07 million. Equities research analysts expect that DASAN Zhone Solutions will post ($0.05) earnings per share for the current year.
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DASAN Zhone Solutions Company Profile
DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.
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