Media coverage about Ebix (NASDAQ:EBIX) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ebix earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.9036132992221 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Stock Moving Towards 52-Week Low Ebix, Inc. (NASDAQ:EBIX) – Sparta Review (spartareview.com)
- Ebix, Inc. (EBIX) has a value of $56.95 per share While Gravity Co., Ltd (GRVY) is stand at $17.95 – Stocks Gallery (stocksgallery.com)
- John Hussman Exits Ebix and Amazon, Sells Mattel – GuruFocus.com (gurufocus.com)
- ItzCash’s parent Ebix to buy money transfer operations of Wall Street … – DEALSTREETASIA (dealstreetasia.com)
- Ebix Inc (EBIX): What are the Opinion Signals Showing? – Wall Street Review (thewallstreetreview.com)
Several research analysts have commented on the stock. BidaskClub upgraded shares of Ebix from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Zacks Investment Research upgraded shares of Ebix from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 11th.
Ebix (NASDAQ:EBIX) opened at 56.80 on Friday. The firm has a 50 day moving average of $56.60 and a 200 day moving average of $58.22. The firm has a market capitalization of $1.79 billion, a PE ratio of 18.50 and a beta of 1.76. Ebix has a one year low of $52.38 and a one year high of $65.10.
Ebix (NASDAQ:EBIX) last announced its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.07. Ebix had a return on equity of 22.02% and a net margin of 30.69%. The company had revenue of $87.39 million during the quarter, compared to analysts’ expectations of $81.35 million. Equities analysts forecast that Ebix will post $3.01 EPS for the current year.
In related news, VP Graham John Prior sold 18,500 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $55.33, for a total value of $1,023,605.00. Following the completion of the transaction, the vice president now directly owns 18,506 shares in the company, valued at approximately $1,023,936.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 13.00% of the stock is currently owned by insiders.
Ebix, Inc (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS).
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