RealNetworks (RNWK) Earns Media Impact Rating of 0.05
Media stories about RealNetworks (NASDAQ:RNWK) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. RealNetworks earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 47.3467921966265 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, B. Riley reiterated a “buy” rating and set a $6.50 price target on shares of RealNetworks in a research note on Tuesday, July 18th.
Shares of RealNetworks (NASDAQ:RNWK) opened at $4.03 on Tuesday. RealNetworks has a one year low of $3.90 and a one year high of $5.45.
RealNetworks (NASDAQ:RNWK) last issued its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $30.00 million for the quarter. RealNetworks had a negative return on equity of 32.64% and a negative net margin of 21.67%.
In other RealNetworks news, SVP Michael Parham sold 7,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $4.47, for a total transaction of $31,290.00. Following the sale, the senior vice president now directly owns 19,848 shares in the company, valued at $88,720.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 37.90% of the stock is owned by corporate insiders.
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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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