Sonic Foundry (SOFO) Receiving Positive Press Coverage, Study Finds
News headlines about Sonic Foundry (NASDAQ:SOFO) have been trending positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, 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 media coverage about the software maker an impact score of 47.9273219369304 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
NASDAQ:SOFO traded down $0.05 during trading hours on Friday, hitting $1.71. The stock had a trading volume of 6,053 shares, compared to its average volume of 7,302. Sonic Foundry has a one year low of $1.70 and a one year high of $3.87. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 1.29.
Sonic Foundry (NASDAQ:SOFO) last issued its earnings results on Thursday, August 9th. The software maker reported ($0.23) EPS for the quarter. Sonic Foundry had a negative net margin of 10.87% and a negative return on equity of 258.54%. The firm had revenue of $8.70 million during the quarter.
Sonic Foundry, Inc provides enterprise solutions and services for the Web communications market in the United States and internationally. It offers Mediasite Video Platform, an on-premises solution to publish, stream, manage, search, and analyze videos; and Mediasite Video Cloud, a solution, which provides hosting and management of content.
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