Amber Road (AMBR) Getting Somewhat Positive News Coverage, Report Shows

News articles about Amber Road (NYSE:AMBR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Amber Road earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 44.7466165720648 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of Amber Road (NYSE:AMBR) traded up $0.07 during midday trading on Friday, hitting $7.37. The stock had a trading volume of 61,381 shares, compared to its average volume of 190,198. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road has a twelve month low of $6.14 and a twelve month high of $11.35.

Amber Road (NYSE:AMBR) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.06. The business had revenue of $20.20 million for the quarter, compared to analysts’ expectations of $20.36 million. Amber Road had a negative return on equity of 53.22% and a negative net margin of 20.19%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) earnings per share. analysts anticipate that Amber Road will post -0.52 earnings per share for the current year.

A number of research analysts have commented on the company. Zacks Investment Research cut Amber Road from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Canaccord Genuity reduced their price objective on Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $11.00 price objective on shares of Amber Road in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Amber Road has an average rating of “Hold” and an average price target of $11.25.

In other Amber Road news, VP Albert C. Cooke III sold 4,182 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $7.09, for a total value of $29,650.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Thomas E. Conway sold 4,843 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $6.47, for a total value of $31,334.21. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 79,025 shares of company stock worth $598,588. 13.10% of the stock is owned by insiders.

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Amber Road Company Profile

Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.

Insider Buying and Selling by Quarter for Amber Road (NYSE:AMBR)

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