Headlines about Avid Technology (NASDAQ:AVID) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news 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. Avid Technology earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 46.9251534692364 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Head-To-Head Review: Avid Technology (AVID) versus Its Rivals (americanbankingnews.com)
- Avid Technology : Sibelius 8.7.2 Now Available—What’s New (4-traders.com)
- Avid’s New Video-over-IP Interface Delivers More Flexible and Efficient Connectivity (finance.yahoo.com)
- Avid Technology, Inc. (AVID) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- FY2018 Earnings Estimate for Avid Technology, Inc. Issued By Dougherty & Co (AVID) (americanbankingnews.com)
Shares of Avid Technology (NASDAQ:AVID) traded up $0.18 during mid-day trading on Friday, hitting $5.92. The company’s stock had a trading volume of 453,098 shares, compared to its average volume of 427,666. The stock has a market capitalization of $243.82, a price-to-earnings ratio of 16.44 and a beta of 1.57. Avid Technology has a 12 month low of $3.99 and a 12 month high of $6.33. The company has a debt-to-equity ratio of -0.71, a quick ratio of 0.46 and a current ratio of 0.65.
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About Avid Technology
Avid Technology, Inc is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution.
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