Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Finjan (FNJN) Share Price
Media headlines about Finjan (NASDAQ:FNJN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Finjan earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 47.2084477590705 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Finjan (NASDAQ:FNJN) traded up $0.12 during trading hours on Wednesday, hitting $2.33. 313,500 shares of the stock traded hands, compared to its average volume of 250,144. The stock has a market capitalization of $61.23, a P/E ratio of 5.39 and a beta of 0.78. Finjan has a 1-year low of $1.00 and a 1-year high of $4.06.
Several brokerages have issued reports on FNJN. TheStreet downgraded shares of Finjan from a “c” rating to a “d+” rating in a research report on Monday, August 28th. B. Riley reissued a “buy” rating and set a $4.00 price objective on shares of Finjan in a research report on Friday, November 10th.
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Finjan Company Profile
Finjan Holdings, Inc, through its subsidiaries, operates as a cybersecurity company, provides intellectual property licensing and enforcement services. The company owns a portfolio of patents related to software and hardware technologies that proactively detect malicious code and thereby protects end users from identity and data theft, spyware, malware, phishing, trojans, and other Web and network threats.
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