Press coverage about Echelon Corporation (NASDAQ:ELON) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Echelon Corporation earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 47.5067842926156 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- LED Lighting Controllers 2017 Global Market to Reach US$ 5430 million and Growing at a AAGR of 11.49% by 2021 (einpresswire.com)
- Smart grid technology market analysis 2017-2022 just published (whatech.com)
- Echelon’s traffic-adaptive LED street lighting system earns recognition by industry body (traffictechnologytoday.com)
- Echelon Earns Recognition in 2017 Illuminating Engineering Society (IES) Progress Report (finance.yahoo.com)
- Financial Analysis: NetSol Technologies (NTWK) and Echelon Corporation (ELON) (americanbankingnews.com)
Echelon Corporation (NASDAQ ELON) traded down 0.21% on Friday, reaching $4.81. The company’s stock had a trading volume of 6,095 shares. The firm’s 50-day moving average price is $5.05 and its 200 day moving average price is $5.66. Echelon Corporation has a 52-week low of $4.17 and a 52-week high of $7.20. The company’s market cap is $21.42 million.
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About Echelon Corporation
Echelon Corporation develops open-standard control networking platforms and delivers elements necessary to design, install, monitor and control communities of devices. The Company’s products enable everyday devices, such as air conditioners, outdoor lighting, appliances, electricity meters, light switches, thermostats and valves to be inter-connected and be part of the Industrial Internet of Things (IIoT) market.
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