Sonic Foundry (SOFO) Earns Daily Media Sentiment Rating of 0.26
News headlines about Sonic Foundry (NASDAQ:SOFO) have been trending positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news 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. Sonic Foundry earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 46.4226774652978 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.
Separately, ValuEngine upgraded shares of Sonic Foundry from a “sell” rating to a “hold” rating in a report on Friday, December 1st.
Shares of Sonic Foundry (NASDAQ:SOFO) traded down $0.04 during mid-day trading on Friday, reaching $2.40. 8,456 shares of the company’s stock traded hands, compared to its average volume of 24,056. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.74 and a quick ratio of 0.68. Sonic Foundry has a 52 week low of $2.05 and a 52 week high of $5.35. The stock has a market cap of $10.54, a PE ratio of -2.42 and a beta of -0.61.
Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.
Receive News & Ratings for Sonic Foundry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonic Foundry and related companies with MarketBeat.com's FREE daily email newsletter.