News articles about InfoSonics (NASDAQ:IFON) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. InfoSonics earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the communications equipment provider an impact score of 45.2789080420729 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, ValuEngine raised shares of InfoSonics from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd.
Shares of InfoSonics (IFON) traded down $0.01 during trading on Friday, hitting $1.51. 26,462 shares of the stock were exchanged, compared to its average volume of 78,393. InfoSonics has a 12 month low of $1.32 and a 12 month high of $5.20.
InfoSonics (NASDAQ:IFON) last announced its quarterly earnings data on Thursday, November 9th. The communications equipment provider reported ($0.56) earnings per share (EPS) for the quarter. InfoSonics had a negative net margin of 13.88% and a negative return on equity of 38.12%. The business had revenue of $6.01 million during the quarter.
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InfoSonics 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.
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