Media headlines about Lantronix (NASDAQ:LTRX) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lantronix earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.6707661852528 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Lantronix (LTRX) traded down $0.01 during trading hours on Friday, hitting $2.16. 12,700 shares of the stock traded hands, compared to its average volume of 43,283. The stock has a market cap of $38.81, a P/E ratio of -43.20 and a beta of -0.13. Lantronix has a twelve month low of $1.59 and a twelve month high of $4.09.
Lantronix (NASDAQ:LTRX) last announced its earnings results on Thursday, October 26th. The technology company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $10.61 million for the quarter. Lantronix had a negative net margin of 1.83% and a positive return on equity of 2.39%.
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Lantronix Company Profile
Lantronix, Inc is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks.
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