Press coverage about Identiv (NASDAQ:INVE) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Identiv earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 44.712188325336 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.
INVE has been the topic of several research reports. Zacks Investment Research lowered shares of Identiv from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. ValuEngine lowered shares of Identiv from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st.
Shares of Identiv (NASDAQ INVE) traded down $0.08 during midday trading on Thursday, hitting $3.61. 39,241 shares of the stock traded hands, compared to its average volume of 49,844. Identiv has a 52-week low of $2.55 and a 52-week high of $7.81. The firm has a market capitalization of $52.56, a price-to-earnings ratio of -6.12 and a beta of -0.27. The company has a quick ratio of 1.20, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.
Identiv (NASDAQ:INVE) last announced its quarterly earnings data on Thursday, March 8th. The technology company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.19. Identiv had a negative net margin of 13.52% and a negative return on equity of 40.34%. The firm had revenue of $16.56 million for the quarter, compared to analyst estimates of $16.53 million. sell-side analysts forecast that Identiv will post -0.26 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This news story was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/03/15/identiv-inve-given-media-impact-rating-of-0-19.html.
Identiv Company Profile
Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.
Receive News & Ratings for Identiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Identiv and related companies with MarketBeat.com's FREE daily email newsletter.