InfoSonics Corp (IFON) Receiving Somewhat Positive Press Coverage, Report Finds

Media coverage about InfoSonics Corp (NASDAQ:IFON) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InfoSonics Corp earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 46.098755161975 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, ValuEngine raised shares of InfoSonics Corp from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd.

Shares of InfoSonics Corp (NASDAQ IFON) traded down 4.27% during trading on Thursday, reaching $1.57. 141,870 shares of the company were exchanged. InfoSonics Corp has a one year low of $1.45 and a one year high of $5.20. The stock’s market capitalization is $5.30 million. The company has a 50 day moving average price of $1.79 and a 200-day moving average price of $2.17.

InfoSonics Corp (NASDAQ:IFON) last released its quarterly earnings data on Thursday, August 10th. The communications equipment provider reported ($0.30) EPS for the quarter. InfoSonics Corp had a negative net margin of 9.66% and a negative return on equity of 27.85%. The company had revenue of $5.30 million during the quarter. Equities analysts predict that InfoSonics Corp will post $0.22 EPS for the current year.

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InfoSonics Corp Company Profile

InfoSonics Corporation is a provider of wireless handsets (phones, cell phones, mobile phones, feature phones and smartphones), tablets and accessories to carriers and distributors in Latin America and the United States. The Company defines, sources and sells a line of products under the verykool brand.

Insider Buying and Selling by Quarter for InfoSonics Corp (NASDAQ:IFON)

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