News headlines about IDI (NASDAQ:COGT) have trended somewhat negative on Tuesday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IDI earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.1739137283667 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern’s scoring:
Several equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of IDI from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Chardan Capital restated a “buy” rating and issued a $7.00 price objective (down from $12.50) on shares of IDI in a report on Thursday, November 9th. Finally, Roth Capital set a $8.00 price objective on shares of IDI and gave the stock a “buy” rating in a report on Tuesday, August 8th.
IDI (NASDAQ COGT) opened at $4.18 on Tuesday. IDI has a 1-year low of $3.10 and a 1-year high of $6.30. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60.
IDI (NASDAQ:COGT) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.09). IDI had a negative return on equity of 17.78% and a negative net margin of 24.45%. The firm had revenue of $57.25 million during the quarter, compared to analysts’ expectations of $62.24 million. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. IDI’s revenue was up 9.7% on a year-over-year basis. sell-side analysts expect that IDI will post -1.02 EPS for the current fiscal year.
In related news, Chairman Michael Brauser bought 7,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was acquired at an average price of $4.23 per share, with a total value of $29,610.00. Following the transaction, the chairman now owns 329,235 shares in the company, valued at approximately $1,392,664.05. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Phillip Md Et Al Frost bought 20,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was bought at an average cost of $4.11 per share, with a total value of $82,200.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 42,700 shares of company stock valued at $175,953. 53.30% of the stock is owned by company insiders.
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IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.
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