Sonic Foundry (SOFO) Raised to “Hold” at ValuEngine
Sonic Foundry (NASDAQ:SOFO) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.
Shares of Sonic Foundry (NASDAQ SOFO) opened at $2.92 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 0.12. Sonic Foundry has a 52 week low of $2.74 and a 52 week high of $5.35.
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Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.
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