News stories about Determine (NASDAQ:DTRM) have been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Determine earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.5480359252899 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
Determine (NASDAQ:DTRM) traded down $0.12 during trading hours on Tuesday, reaching $1.62. 24,400 shares of the company were exchanged, compared to its average volume of 17,541. Determine has a 1-year low of $1.55 and a 1-year high of $3.93. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.84.
Determine (NASDAQ:DTRM) last posted its earnings results on Thursday, February 8th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.03. Determine had a negative net margin of 30.59% and a negative return on equity of 84.76%. The business had revenue of $7.50 million for the quarter, compared to analyst estimates of $7.00 million. During the same period last year, the business posted ($0.08) EPS. Determine’s revenue was up 8.7% compared to the same quarter last year. research analysts forecast that Determine will post -0.55 EPS for the current year.
Several research analysts have recently commented on DTRM shares. B. Riley restated a “buy” rating and set a $3.50 price target on shares of Determine in a research note on Monday, December 4th. Zacks Investment Research lowered shares of Determine from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. ValuEngine lowered shares of Determine from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. Finally, Maxim Group lowered shares of Determine from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Three investment analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $3.00.
In other news, major shareholder Lloyd I. Miller III sold 25,000 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $1.69, for a total transaction of $42,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Lloyd I. Miller III sold 62,000 shares of the firm’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $1.73, for a total transaction of $107,260.00. Following the transaction, the insider now directly owns 250,820 shares of the company’s stock, valued at $433,918.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 145,000 shares of company stock valued at $248,610. Insiders own 9.96% of the company’s stock.
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Determine Company Profile
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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