Press coverage about Richardson Electronics (NASDAQ:RELL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Richardson Electronics earned a news impact score of 0.02 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.6331922202596 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Richardson Electronics (NASDAQ:RELL) traded down $0.04 on Friday, hitting $8.17. The stock had a trading volume of 22,100 shares, compared to its average volume of 56,458. Richardson Electronics has a 12 month low of $5.31 and a 12 month high of $8.72. The firm has a market capitalization of $104.98, a P/E ratio of -68.08 and a beta of 0.74.
Richardson Electronics (NASDAQ:RELL) last posted its earnings results on Wednesday, January 10th. The technology company reported $0.01 earnings per share for the quarter. The firm had revenue of $39.08 million for the quarter.
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About Richardson Electronics
Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.
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