Somewhat Positive News Coverage Somewhat Unlikely to Affect Actua Corporation (ACTA) Share Price
News headlines about Actua Corporation (NASDAQ:ACTA) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Actua Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.9195114845308 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Actua Corp. :ACTA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 5, 2017 (finance.yahoo.com)
- Analysts Expect Actua Corporation (ACTA) Will Announce Quarterly Sales of $32.43 Million (americanbankingnews.com)
- Actua Corporation (ACTA) Upgraded at Zacks Investment Research (americanbankingnews.com)
- VelocityEHS Offering Emergency Responders, Businesses and Others Affected by Hurricane Harvey Free Access to Chemical Hazard Information to Help Keep Communities Safe (finance.yahoo.com)
- Actua Corporation (NASDAQ:ACTA) Short Interest decreased by -14.62% – Shares Trading Up (highlightpress.com)
Shares of Actua Corporation (NASDAQ ACTA) traded down 0.80% during trading on Wednesday, hitting $12.45. 75,313 shares of the stock were exchanged. Actua Corporation has a 52-week low of $10.09 and a 52-week high of $15.27. The firm has a 50 day moving average of $13.02 and a 200-day moving average of $13.76. The stock has a market cap of $385.48 million, a PE ratio of 5.25 and a beta of 1.63.
Actua Corporation (NASDAQ:ACTA) last issued its earnings results on Wednesday, August 9th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.01. The firm had revenue of $31.19 million during the quarter, compared to analyst estimates of $31.57 million. Actua Corporation had a net margin of 67.78% and a negative return on equity of 5.42%. The business’s revenue was up 16.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.35) earnings per share. Equities research analysts anticipate that Actua Corporation will post ($0.12) earnings per share for the current fiscal year.
A number of brokerages have recently commented on ACTA. Zacks Investment Research raised shares of Actua Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub raised shares of Actua Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th.
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About Actua Corporation
Actua Corporation, formerly ICG Group, Inc, is a multi-vertical cloud technology company. The Company operates through two segments, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company’s vertical cloud-based businesses include Bolt Solutions Inc (Bolt), Folio Dynamics Holdings Inc (FolioDynamix), GovDelivery Holdings, Inc (GovDelivery) and VelocityEHS Holdings, Inc (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively.
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