Presidio (NASDAQ:PSDO) Receives Daily Coverage Optimism Score of 0.08

News stories about Presidio (NASDAQ:PSDO) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Presidio earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.8499206924343 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Presidio (NASDAQ:PSDO) traded down 0.98% during mid-day trading on Friday, hitting $13.07. The company had a trading volume of 158,669 shares. The stock’s market cap is $1.19 billion. The stock’s 50-day moving average is $14.25 and its 200-day moving average is $14.25. Presidio has a 52-week low of $13.06 and a 52-week high of $14.36.

PSDO has been the subject of several analyst reports. Royal Bank Of Canada lowered their price objective on Presidio from $19.00 to $18.00 and set an “outperform” rating for the company in a research report on Friday, May 12th. Evercore ISI set a $19.00 price objective on Presidio and gave the stock a “buy” rating in a research report on Saturday, May 13th. Finally, ValuEngine cut Presidio from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $18.00.

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About Presidio

Presidio, Inc is a United States-based company, which is an information technology (IT) solutions provider. The Company’s services include strategy and consulting, solutions design and deployment, managed services, asset maintenance and support, financing services, global services and carrier connectivity.

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