RealNetworks (RNWK) Receiving Favorable Media Coverage, Report Finds
Media headlines about RealNetworks (NASDAQ:RNWK) have trended positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RealNetworks earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.8927989347302 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
RealNetworks (NASDAQ RNWK) opened at 4.11 on Monday. The stock’s 50 day moving average price is $4.30 and its 200-day moving average price is $4.55. The company’s market capitalization is $152.90 million. RealNetworks has a 12 month low of $4.09 and a 12 month high of $5.45.
RealNetworks (NASDAQ:RNWK) last released its earnings results on Thursday, August 3rd. The technology company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.12. RealNetworks had a negative return on equity of 36.41% and a negative net margin of 20.48%. The company had revenue of $33.11 million during the quarter, compared to analyst estimates of $30.63 million. During the same quarter in the previous year, the company posted ($0.09) EPS. On average, equities research analysts predict that RealNetworks will post ($0.82) EPS for the current fiscal year.
A number of brokerages have recently issued reports on RNWK. Zacks Investment Research upgraded RealNetworks from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. B. Riley restated a “buy” rating and set a $6.50 price objective on shares of RealNetworks in a research report on Tuesday, July 18th.
RealNetworks Company Profile
RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.
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