Somewhat Favorable News Coverage Somewhat Unlikely to Affect RealNetworks (RNWK) Share Price

News articles about RealNetworks (NASDAQ:RNWK) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RealNetworks earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 48.2853729024905 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

RealNetworks (NASDAQ:RNWK) remained flat at $$3.43 during trading on Friday. 128,296 shares of the company traded hands, compared to its average volume of 135,374. RealNetworks has a 1-year low of $3.23 and a 1-year high of $5.45. The stock has a market capitalization of $127.95, a PE ratio of -4.70 and a beta of 0.49.

RealNetworks (NASDAQ:RNWK) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.11) earnings per share for the quarter. RealNetworks had a negative net margin of 21.67% and a negative return on equity of 32.64%. The business had revenue of $30.00 million during the quarter.

In related news, SVP Michael Parham sold 7,000 shares of RealNetworks stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $4.47, for a total value of $31,290.00. Following the sale, the senior vice president now directly owns 19,848 shares in the company, valued at $88,720.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 37.90% of the stock is owned by insiders.

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About RealNetworks

RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.

Insider Buying and Selling by Quarter for RealNetworks (NASDAQ:RNWK)

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