Somewhat Positive Press Coverage Somewhat Unlikely to Impact Pointer Telocation (PNTR) Share Price
Press coverage about Pointer Telocation (NASDAQ:PNTR) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pointer Telocation earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave media stories about the communications equipment provider an impact score of 45.8823720766426 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several research analysts have commented on the stock. Zacks Investment Research cut shares of Pointer Telocation from a “buy” rating to a “hold” rating in a report on Tuesday, November 21st. Roth Capital reiterated a “neutral” rating and issued a $16.00 target price on shares of Pointer Telocation in a report on Monday, November 20th. B. Riley reiterated a “buy” rating and issued a $20.00 target price on shares of Pointer Telocation in a report on Thursday, November 16th. HC Wainwright set a $18.00 target price on shares of Pointer Telocation and gave the stock a “buy” rating in a report on Thursday, November 16th. Finally, TheStreet upgraded shares of Pointer Telocation from a “c+” rating to a “b-” rating in a report on Monday, October 2nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $17.80.
Pointer Telocation (NASDAQ:PNTR) opened at $16.60 on Tuesday. Pointer Telocation has a fifty-two week low of $6.78 and a fifty-two week high of $18.94. The company has a market cap of $136.98, a PE ratio of 15.94 and a beta of 0.73. The company has a quick ratio of 1.13, a current ratio of 1.42 and a debt-to-equity ratio of 0.12.
COPYRIGHT VIOLATION NOTICE: This report was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-pointer-telocation-pntr-share-price/1744480.html.
Pointer Telocation Company Profile
Pointer Telocation Ltd. is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets, such as cargo, assets, shipping and containers. The Company offers roadside assistance (RSA) services, automobile repair and towing services, stolen vehicle recovery (SVR) and other services.
Receive News & Ratings for Pointer Telocation Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pointer Telocation Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.