Somewhat Favorable News Coverage Somewhat Unlikely to Affect Neonode (NEON) Stock Price
Media headlines about Neonode (NASDAQ:NEON) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Neonode earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 47.8220160622204 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Former Precise Biometrics CEO Named Head of Optical Sensor Maker Neonode (findbiometrics.com)
- BRIEF-Håkan Persson Appointed As New CEO Of Neonode (reuters.com)
- Håkan Persson Appointed as New CEO of Neonode (finance.yahoo.com)
- Neonode (NEON) Cut to “Sell” at Zacks Investment Research (americanbankingnews.com)
Several research analysts have weighed in on the company. Zacks Investment Research upgraded Neonode from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine cut Neonode from a “hold” rating to a “sell” rating in a research report on Monday, October 16th.
In related news, Director Ulf Rosberg purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average price of $0.90 per share, for a total transaction of $90,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 14.90% of the stock is currently owned by company insiders.
Neonode Inc, formerly SBE, Inc, develops and licenses user interfaces and optical infrared touch solutions. The Company’s technology offers multiple features, including the ability to sense an object’s size, depth, velocity, pressure and proximity to any type of surface. It operates through the touch technology licensing business segment.
Receive News & Ratings for Neonode Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neonode and related companies with MarketBeat.com's FREE daily email newsletter.