Somewhat Positive Media Coverage Somewhat Unlikely to Affect Aviat Networks (AVNW) Share Price

Press coverage about Aviat Networks (NASDAQ:AVNW) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aviat Networks earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 45.0640299288065 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Separately, TheStreet upgraded Aviat Networks from a “d” rating to a “c-” rating in a report on Thursday, September 7th.

Aviat Networks (NASDAQ AVNW) traded up 0.73% on Tuesday, hitting $16.60. The stock had a trading volume of 12,685 shares. The company’s 50 day moving average price is $16.53 and its 200 day moving average price is $17.34. Aviat Networks has a 52-week low of $8.42 and a 52-week high of $24.14. The firm’s market cap is $88.26 million.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings results on Wednesday, September 6th. The communications equipment provider reported ($0.03) EPS for the quarter. Aviat Networks had a negative net margin of 0.34% and a negative return on equity of 0.75%. The business had revenue of $56.43 million during the quarter. Analysts expect that Aviat Networks will post ($0.13) EPS for the current year.

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Aviat Networks Company Profile

Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.

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