Somewhat Positive News Coverage Somewhat Unlikely to Affect Digi International (DGII) Share Price
Media headlines about Digi International (NASDAQ:DGII) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Digi International earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.192870369661 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Digi International (NASDAQ DGII) opened at $10.35 on Friday. Digi International has a 1-year low of $8.50 and a 1-year high of $14.15. The firm has a market capitalization of $275.98, a price-to-earnings ratio of 27.97 and a beta of 1.45.
Digi International (NASDAQ:DGII) last released its quarterly earnings results on Thursday, October 26th. The technology company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.08. The company had revenue of $45.10 million during the quarter, compared to analysts’ expectations of $45.66 million. Digi International had a return on equity of 3.24% and a net margin of 5.16%. The business’s revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. research analysts anticipate that Digi International will post 0.25 EPS for the current fiscal year.
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About Digi International
Digi International Inc is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products.
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