Somewhat Favorable News Coverage Somewhat Unlikely to Impact Smith Micro Software (SMSI) Share Price

Media headlines about Smith Micro Software (NASDAQ:SMSI) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing 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. Smith Micro Software earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 46.3876058458382 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Smith Micro Software (NASDAQ SMSI) traded down $0.10 during trading on Tuesday, hitting $2.12. 27,900 shares of the company traded hands, compared to its average volume of 69,633. Smith Micro Software has a 1-year low of $0.80 and a 1-year high of $2.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.40 and a current ratio of 1.40.

Separately, ValuEngine upgraded shares of Smith Micro Software from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st.

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Smith Micro Software Company Profile

Smith Micro Software, Inc is a provider of software solutions. The Company operates through two segments: Wireless and Graphics. The Company offers multi-platform, modular solutions organized into three product families, including NetWise, CommSuite and QuickLink. For mobile network operators, NetWise helps reduce cellular congestion and optimize data traffic across third-generation (3G), fourth-generation (4G) and wireless fidelity (Wi-Fi) networks.

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