News headlines about Echelon (NASDAQ:ELON) have trended positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press 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 one, with scores nearest to one being the most favorable. Echelon earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.426529890015 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Echelon (ELON) traded down $0.14 during midday trading on Tuesday, reaching $4.83. 7,500 shares of the company’s stock traded hands, compared to its average volume of 16,448. Echelon has a 52 week low of $4.26 and a 52 week high of $7.20.
Echelon (NASDAQ:ELON) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.04. The company had revenue of $7.82 million during the quarter. Echelon had a negative net margin of 14.96% and a negative return on equity of 18.48%.
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Echelon Corporation develops open-standard control networking platforms and delivers elements necessary to design, install, monitor and control communities of devices. The Company’s products enable everyday devices, such as air conditioners, outdoor lighting, appliances, electricity meters, light switches, thermostats and valves to be inter-connected and be part of the Industrial Internet of Things (IIoT) market.
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