Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Insignia Systems (ISIG) Stock Price
Press coverage about Insignia Systems (NASDAQ:ISIG) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern scores the sentiment of news 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 negative one to one, with scores closest to one being the most favorable. Insignia Systems earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 43.9081159025729 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Insignia Systems (NASDAQ:ISIG) traded up 0.93% during midday trading on Friday, reaching $1.09. The company had a trading volume of 32,296 shares. The company’s 50-day moving average is $1.02 and its 200-day moving average is $1.15. The firm’s market cap is $12.90 million. Insignia Systems has a 52-week low of $0.90 and a 52-week high of $2.65.
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In other news, major shareholder Air T. Inc purchased 33,805 shares of the business’s stock in a transaction dated Friday, July 14th. The shares were bought at an average cost of $1.02 per share, for a total transaction of $34,481.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Air T. Inc purchased 48,659 shares of the business’s stock in a transaction dated Tuesday, August 15th. The stock was purchased at an average price of $1.00 per share, for a total transaction of $48,659.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 148,692 shares of company stock worth $149,058. Corporate insiders own 40.10% of the company’s stock.
About Insignia Systems
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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