Media headlines about I.D. Systems (NASDAQ:IDSY) have trended somewhat positive on Monday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. I.D. Systems earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 45.2885460089127 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of I.D. Systems (NASDAQ IDSY) opened at $6.77 on Monday. The company has a market cap of $119.25 and a P/E ratio of -17.82. I.D. Systems has a 12 month low of $5.10 and a 12 month high of $7.75.
A number of research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of I.D. Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. B. Riley reaffirmed a “buy” rating and issued a $8.50 price objective on shares of I.D. Systems in a research report on Friday, November 10th.
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I.D. Systems, Inc (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers.
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