Media headlines about Synacor (NASDAQ:SYNC) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Synacor earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the information services provider an impact score of 47.1035407099701 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities analysts have weighed in on the company. ValuEngine raised Synacor from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research raised Synacor from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Canaccord Genuity dropped their price objective on Synacor from $8.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, August 10th. Finally, Craig Hallum cut Synacor from a “buy” rating to a “hold” rating and lifted their price objective for the company from $3.55 to $4.00 in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $5.00.
Synacor (NASDAQ SYNC) opened at $2.45 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.27 and a quick ratio of 1.27. Synacor has a fifty-two week low of $1.96 and a fifty-two week high of $4.25.
ILLEGAL ACTIVITY NOTICE: “Synacor (SYNC) Given Media Sentiment Score of 0.07” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.com-unik.info/2017/12/05/synacor-sync-given-media-sentiment-score-of-0-07.html.
Synacor, Inc is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Company enables its customers to provide their consumers engaging, multiscreen experiences with products that require scale, actionable data and implementation.
What are top analysts saying about Synacor 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 Synacor Inc. and related companies.