News stories about Sonic Foundry (NASDAQ:SOFO) have trended positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sonic Foundry earned a coverage optimism score of 0.32 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.0104295908115 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Sonic Foundry (NASDAQ SOFO) opened at $2.46 on Friday. The firm has a market capitalization of $11.38, a P/E ratio of -2.10 and a beta of -0.90. Sonic Foundry has a 52 week low of $2.05 and a 52 week high of $5.35. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 0.72.
Sonic Foundry (NASDAQ:SOFO) last posted its earnings results on Friday, January 12th. The software maker reported ($0.24) earnings per share for the quarter. The business had revenue of $8.30 million for the quarter. Sonic Foundry had a negative return on equity of 135.85% and a negative net margin of 14.00%.
Separately, ValuEngine upgraded Sonic Foundry from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
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About Sonic Foundry
Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.
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