Synacor (SYNC) Given Daily Media Impact Rating of 0.11
Media stories about Synacor (NASDAQ:SYNC) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Synacor earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 46.9862486162676 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several brokerages have recently weighed in on SYNC. Zacks Investment Research lowered Synacor from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. ValuEngine lowered Synacor from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Canaccord Genuity cut their price objective on Synacor from $8.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, August 10th. Finally, Craig Hallum lowered Synacor from a “buy” rating to a “hold” rating and upped their price objective for the company from $3.55 to $4.00 in a report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $5.25.
Shares of Synacor (NASDAQ SYNC) opened at $2.47 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.23 and a current ratio of 1.23. Synacor has a twelve month low of $1.96 and a twelve month high of $4.25.
COPYRIGHT VIOLATION WARNING: “Synacor (SYNC) Given Daily Media Impact Rating of 0.11” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/11/14/synacor-sync-given-daily-media-impact-rating-of-0-11.html.
Synacor Company Profile
Synacor, Inc is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Company enables its customers to provide their consumers engaging, multiscreen experiences with products that require scale, actionable data and implementation.
Receive News & Stock Ratings for Synacor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synacor Inc. and related stocks with our FREE daily email newsletter.