Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Wayside Technology Group (NASDAQ:WSTG) Share Price

Media coverage about Wayside Technology Group (NASDAQ:WSTG) has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wayside Technology Group earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.412138312987 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Wayside Technology Group (WSTG) opened at $16.70 on Friday. Wayside Technology Group has a twelve month low of $13.05 and a twelve month high of $21.75. The stock has a market capitalization of $74.85, a P/E ratio of 12.37 and a beta of 0.34.

Wayside Technology Group (NASDAQ:WSTG) last announced its quarterly earnings results on Thursday, October 26th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $106.65 million during the quarter. Wayside Technology Group had a return on equity of 15.74% and a net margin of 1.33%.

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Wayside Technology Group Company Profile

Wayside Technology Group, Inc is an information technology (IT) channel company. The Company distributes software and hardware developed by others through resellers indirectly to customers across the world. The Company operates through two segments: Lifeboat Distribution and TechXtend. The Lifeboat Distribution segment distributes technical software and hardware to corporate resellers, value added resellers (VARs), consultants and systems integrators across the world.

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