Sierra Wireless (NASDAQ:SWIR) Given News Impact Score of 0.22
Media coverage about Sierra Wireless (NASDAQ:SWIR) (TSE:SW) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sierra Wireless earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 45.6397697086928 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Sierra Wireless (NASDAQ:SWIR) opened at 21.85 on Friday. Sierra Wireless has a 12 month low of $12.30 and a 12 month high of $31.95. The company’s 50-day moving average price is $27.46 and its 200-day moving average price is $26.83. The stock has a market cap of $698.09 million, a P/E ratio of 34.30 and a beta of 3.02.
Several equities analysts have recently weighed in on the company. Benchmark Co. assumed coverage on Sierra Wireless in a research report on Tuesday, April 25th. They issued a “hold” rating on the stock. They noted that the move was a valuation call. TD Securities assumed coverage on Sierra Wireless in a research report on Tuesday, May 30th. They issued a “hold” rating on the stock. TheStreet upgraded Sierra Wireless from a “c+” rating to a “b” rating in a research report on Wednesday, August 2nd. Zacks Investment Research downgraded Sierra Wireless from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Finally, Scotiabank raised their target price on Sierra Wireless from $20.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Sierra Wireless presently has an average rating of “Hold” and a consensus price target of $25.50.
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About Sierra Wireless
Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.
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