Headlines about Communications Systems (NASDAQ:JCS) have trended positive on Friday, according to Accern. The research firm 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 closest to one being the most favorable. Communications Systems earned a media sentiment score of 0.34 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 44.4679167185045 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, Zacks Investment Research cut Communications Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th.
Shares of Communications Systems (JCS) traded down $0.11 during trading hours on Friday, hitting $3.61. The company had a trading volume of 8,168 shares, compared to its average volume of 20,398. The stock has a market capitalization of $32.38, a PE ratio of -2.69 and a beta of 0.99. Communications Systems has a one year low of $3.18 and a one year high of $5.19.
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 15th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.16 annualized dividend and a dividend yield of 4.43%. Communications Systems’s payout ratio is -11.94%.
About Communications Systems
Communications Systems, Inc (CSI) operates directly and through its subsidiaries located in the United States, Costa Rica and the United Kingdom. The Company operates through three segments: Suttle, Transition Networks and JDL Technologies (JDL). The Company provides physical connectivity infrastructure products and services for global deployments of broadband networks.
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