Somewhat Critical Press Coverage Somewhat Unlikely to Impact CUI Global (CUI) Share Price
News coverage about CUI Global (NASDAQ:CUI) has trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CUI Global earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.5712547012383 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Zacks: Brokerages Expect CUI Global, Inc. (CUI) Will Announce Earnings of -$0.07 Per Share (americanbankingnews.com)
- China’s top envoy in US blasts critics of trade (usa.chinadaily.com.cn)
- CUI Global (CUI) Presents At 8th Annual Craig-Hallum Alpha Select Conference – Slideshow (seekingalpha.com)
- ETFs with exposure to CUI Global, Inc. : November 14, 2017 (finance.yahoo.com)
- Research delivers insight into the piezo buzzers market (whatech.com)
CUI Global (CUI) opened at $2.75 on Monday. CUI Global has a fifty-two week low of $2.48 and a fifty-two week high of $7.39. The company has a current ratio of 1.39, a quick ratio of 0.72 and a debt-to-equity ratio of 0.24.
Several equities analysts have recently issued reports on CUI shares. HC Wainwright reissued a “buy” rating and issued a $12.00 price target on shares of CUI Global in a report on Monday, October 9th. Zacks Investment Research lowered shares of CUI Global from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Finally, ValuEngine raised shares of CUI Global from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. CUI Global currently has a consensus rating of “Hold” and a consensus target price of $10.00.
In other news, CFO Daniel Ned Ford purchased 12,500 shares of the firm’s stock in a transaction dated Thursday, October 19th. The stock was bought at an average price of $2.80 per share, with a total value of $35,000.00. Following the acquisition, the chief financial officer now directly owns 49,554 shares of the company’s stock, valued at $138,751.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 20,000 shares of company stock valued at $56,000 in the last three months. 5.23% of the stock is owned by company insiders.
CUI Global Company Profile
CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).
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