News articles about Information Services Group (NASDAQ:III) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog 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. Information Services Group earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.5391686589219 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Information Services Group (NASDAQ III) traded down $0.17 during midday trading on Tuesday, reaching $4.37. 28,000 shares of the company’s stock were exchanged, compared to its average volume of 81,083. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 1.58. Information Services Group has a 1 year low of $2.95 and a 1 year high of $4.63.
Several research analysts recently weighed in on III shares. B. Riley reaffirmed a “buy” rating and issued a $6.50 target price on shares of Information Services Group in a research report on Monday, August 14th. Noble Financial reaffirmed a “buy” rating on shares of Information Services Group in a research report on Tuesday, August 8th. ValuEngine downgraded Information Services Group from a “hold” rating to a “sell” rating in a report on Monday, August 7th. Finally, Zacks Investment Research downgraded Information Services Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $5.50.
In related news, Director Kalpana Raina sold 18,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $4.02, for a total transaction of $72,360.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 12.00% of the stock is owned by company insiders.
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About Information Services Group
Information Services Group, Inc is a technology insights, market intelligence and advisory services company. The Company operates in the segment of fact-based sourcing advisory services. It supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services with a focus on information technology, business process transformation, program management services and enterprise resource planning.
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