Tangoe (NASDAQ:TNGO) Given News Sentiment Rating of 0.32
Press coverage about Tangoe (NASDAQ:TNGO) has trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tangoe earned a news impact score of 0.32 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.5382717387805 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, Stifel Nicolaus cut their price objective on shares of Tangoe from $8.00 to $6.50 and set a “hold” rating for the company in a research report on Monday, May 1st.
Shares of Tangoe (TNGO) remained flat at $6.35 on Tuesday. Tangoe has a 12-month low of $4.50 and a 12-month high of $10.39. The stock has a 50 day moving average price of $6.45 and a 200-day moving average price of $6.30.
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Tangoe, Inc is a provider of information technology (IT) and Telecom Expense Management (TEM) software and related services. The Company offers its services to a range of global enterprises and service providers. Its products and solutions include mobility, telecom, cloud, IT expense, strategic consulting and mobility as a service (MaaS).
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