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

News headlines about Amber Road (NYSE:AMBR) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. 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 0.20 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 47.5022812371453 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of analysts have weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $11.00 target price on shares of Amber Road in a report on Wednesday, November 1st. Canaccord Genuity dropped their target price on shares of Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Amber Road presently has a consensus rating of “Hold” and an average target price of $11.25.

Shares of Amber Road (NYSE:AMBR) traded down $0.12 during trading hours on Friday, hitting $6.91. 36,052 shares of the company’s stock were exchanged, compared to its average volume of 87,588. The firm has a market capitalization of $197.56 and a PE ratio of -12.12. Amber Road has a 52 week low of $6.14 and a 52 week high of $9.82. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.81.

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

In related news, VP Albert C. Cooke III sold 4,182 shares of the stock in a transaction dated Monday, November 13th. The shares were 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 is available at the SEC website. Also, CFO Thomas E. Conway sold 4,843 shares of the stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $6.47, for a total transaction of $31,334.21. The disclosure for this sale can be found here. 13.10% of the stock is owned by company 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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