News coverage about Safeguard Scientifics (NYSE:SFE) has been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Safeguard Scientifics earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 45.7030528404817 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Safeguard Scientifics from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Thursday, November 2nd. ValuEngine downgraded Safeguard Scientifics from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, Keefe, Bruyette & Woods restated a “mkt perform” rating and set a $13.25 price objective on shares of Safeguard Scientifics in a research report on Wednesday, December 6th.

Shares of Safeguard Scientifics (SFE) traded down $0.10 during mid-day trading on Thursday, reaching $11.65. The company’s stock had a trading volume of 93,200 shares, compared to its average volume of 65,513. Safeguard Scientifics has a fifty-two week low of $10.65 and a fifty-two week high of $14.40. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45.

Safeguard Scientifics (NYSE:SFE) last issued its quarterly earnings data on Thursday, October 26th. The asset manager reported ($0.91) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.11) by $0.20. During the same period in the previous year, the company earned ($1.18) EPS. equities research analysts anticipate that Safeguard Scientifics will post -4.47 earnings per share for the current fiscal year.

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About Safeguard Scientifics

Safeguard Scientifics, Inc is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The Company holds interest in companies, which it refers to as partner companies. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

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