News headlines about Synacor (NASDAQ:SYNC) have been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Synacor earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 45.9804727455788 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s analysis:

Shares of Synacor (NASDAQ SYNC) traded up 4.35% during midday trading on Friday, reaching $2.40. The company’s stock had a trading volume of 51,717 shares. Synacor has a 1-year low of $2.30 and a 1-year high of $4.25. The company’s 50-day moving average price is $3.15 and its 200 day moving average price is $3.40. The firm’s market capitalization is $92.80 million.

Synacor (NASDAQ:SYNC) last issued its earnings results on Wednesday, August 9th. The information services provider reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.02. The company had revenue of $31.22 million during the quarter, compared to analyst estimates of $29.43 million. Synacor had a negative return on equity of 39.21% and a negative net margin of 13.14%. The company’s revenue was up 2.4% on a year-over-year basis. On average, equities research analysts forecast that Synacor will post ($0.32) earnings per share for the current year.

Several research firms recently weighed in on SYNC. Zacks Investment Research cut Synacor from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. ValuEngine upgraded Synacor from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Canaccord Genuity restated a “buy” rating and set a $5.50 target price on shares of Synacor in a research note on Thursday, May 11th. Rosenblatt Securities restated a “buy” rating and set a $5.50 target price on shares of Synacor in a research note on Monday, June 12th. Finally, Craig Hallum cut Synacor from a “buy” rating to a “hold” rating and boosted their target price for the stock from $3.55 to $4.00 in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. Synacor has a consensus rating of “Hold” and an average target price of $5.00.

TRADEMARK VIOLATION NOTICE: “Synacor (SYNC) Receives Daily News Impact Rating of 0.10” was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this article can be viewed at

About Synacor

Synacor, Inc is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Company enables its customers to provide their consumers engaging, multiscreen experiences with products that require scale, actionable data and implementation.

Insider Buying and Selling by Quarter for Synacor (NASDAQ:SYNC)

Receive News & Ratings for Synacor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synacor Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.