Somewhat Favorable Press Coverage Somewhat Unlikely to Affect iPass (IPAS) Stock Price
News headlines about iPass (NASDAQ:IPAS) have trended somewhat positive on Saturday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty 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. iPass earned a news impact score of 0.10 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.4923634442646 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of iPass (IPAS) traded up $0.01 during midday trading on Friday, hitting $0.65. The stock had a trading volume of 84,693 shares, compared to its average volume of 414,563. iPass has a one year low of $0.49 and a one year high of $1.74.
IPAS has been the topic of a number of recent research reports. Maxim Group reiterated a “buy” rating and set a $2.00 target price on shares of iPass in a research note on Thursday, November 2nd. Aegis lowered their target price on iPass from $2.75 to $1.40 and set a “buy” rating on the stock in a research note on Wednesday, September 13th. Finally, Zacks Investment Research lowered iPass from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $2.28.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-ipass-ipas-stock-price/1726204.html.
iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.
Receive News & Ratings for iPass Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPass Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.