Media stories about RMG Networks Holding (NASDAQ:RMGN) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RMG Networks Holding earned a news impact score of 0.05 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.7716528865155 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- RMG Networks (RMGN) to Begin Trading on Split-Adjusted Basis at Market Open (streetinsider.com)
- RMG Signs $500,000 Order with $50B Global Financial Institution to Upgrade RMG’s Intelligent Contact Center Solution (finance.yahoo.com)
- RMG Announces Completion of Reverse Stock Split (finance.yahoo.com)
- Financial Survey: McGraw Hill Financial (MHFI) & RMG Networks Holding Corporation (RMGN) (americanbankingnews.com)
- Reviewing RMG Networks Holding Corporation (NASDAQ:RMGN) & McGraw Hill Financial (MHFI) (americanbankingnews.com)
Several research firms recently issued reports on RMGN. ValuEngine upgraded RMG Networks Holding from a “sell” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research cut RMG Networks Holding from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Finally, Roth Capital set a $4.00 target price on RMG Networks Holding and gave the stock a “buy” rating in a report on Tuesday, August 1st.
Shares of RMG Networks Holding (RMGN) traded down 2.56% during trading on Friday, reaching $1.90. The company’s stock had a trading volume of 17,608 shares. The firm’s market cap is $21.19 million. RMG Networks Holding has a 12 month low of $1.55 and a 12 month high of $4.44. The company’s 50 day moving average price is $2.57 and its 200 day moving average price is $2.95.
RMG Networks Holding (NASDAQ:RMGN) last announced its quarterly earnings results on Thursday, August 3rd. The business services provider reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.12). RMG Networks Holding had a negative return on equity of 50.92% and a negative net margin of 11.30%. The company had revenue of $9.09 million for the quarter, compared to the consensus estimate of $10.10 million. On average, equities analysts predict that RMG Networks Holding will post ($0.44) earnings per share for the current year.
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About RMG Networks Holding
RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.
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