Press coverage about XG Technology (NASDAQ:XGTI) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media 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 positive one, with scores nearest to one being the most favorable. XG Technology earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the Wireless communications provider an impact score of 46.6181841015181 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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

Shares of XG Technology (NASDAQ XGTI) traded up $0.03 during trading hours on Tuesday, reaching $1.59. 371,985 shares of the company traded hands, compared to its average volume of 520,017. The company has a quick ratio of 0.95, a current ratio of 1.99 and a debt-to-equity ratio of 0.07. XG Technology has a fifty-two week low of $1.17 and a fifty-two week high of $4.98.

Several brokerages recently commented on XGTI. Maxim Group began coverage on shares of XG Technology in a research note on Wednesday, July 19th. They issued a “buy” rating and a $4.00 price objective for the company. Roth Capital reissued a “buy” rating and issued a $3.50 price objective on shares of XG Technology in a research note on Tuesday, July 18th.

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XG Technology Company Profile

xG Technology, Inc develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company is a provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in a range of environments.

Insider Buying and Selling by Quarter for XG Technology (NASDAQ:XGTI)

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