Press coverage about Identiv (NASDAQ:INVE) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Identiv earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 47.1899644088445 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Identiv, Inc. (INVE) Stock Price trades -41.53% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- 13G Filing: First Eagle Investment Management and Identiv Inc. (INVE) – Insider Monkey (blog) (insidermonkey.com)
- Zacks Investment Research Lowers Identiv, Inc. (INVE) to Sell (americanbankingnews.com)
- Keep Your Active Eyes on Identiv, Inc. (INVE) with Unusual Volume Alert – Wall Street Morning (wallstreetmorning.com)
Identiv (NASDAQ:INVE) traded down 0.62% on Wednesday, reaching $3.23. 4,494 shares of the company’s stock traded hands. The stock’s market capitalization is $45.44 million. Identiv has a 52-week low of $1.97 and a 52-week high of $7.81. The firm’s 50-day moving average is $4.28 and its 200 day moving average is $5.05.
Identiv (NASDAQ:INVE) last announced its earnings results on Thursday, August 10th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The business had revenue of $14.84 million during the quarter, compared to analysts’ expectations of $14.71 million. Identiv had a negative net margin of 7.53% and a negative return on equity of 50.00%. During the same quarter last year, the company posted ($0.27) EPS. Analysts forecast that Identiv will post ($0.39) EPS for the current year.
INVE has been the subject of a number of recent research reports. ValuEngine downgraded shares of Identiv from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded shares of Identiv from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Finally, Northland Securities set a $10.00 price objective on shares of Identiv and gave the company a “buy” rating in a research report on Monday, August 7th.
In other news, Director Gary Kremen bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was acquired at an average price of $4.90 per share, for a total transaction of $49,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 12.30% of the company’s stock.
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.
What are top analysts saying about Identiv Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Identiv Inc. and related companies.