Somewhat Positive Press Coverage Somewhat Unlikely to Affect Edgewater Technology (EDGW) Share Price
News articles about Edgewater Technology (NASDAQ:EDGW) have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Edgewater Technology earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the information technology services provider an impact score of 45.5230021330747 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Edgewater Technology (NASDAQ EDGW) opened at $6.13 on Wednesday. Edgewater Technology has a one year low of $6.04 and a one year high of $7.97. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.06.
Separately, TheStreet cut shares of Edgewater Technology from a “c” rating to a “d+” rating in a research note on Friday, November 3rd.
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Edgewater Technology, Inc is a provider of transformational classic and product-based consulting services. The Company helps the C-suite drive transformational change through its selection of business and technology services, and channel-based solutions. The classic consulting disciplines (such as business advisory, process improvement, organizational change management, mergers and acquisitions (M&A) due diligence, and domain expertise) are blended with technical services (digital transformation, technical roadmaps, data and analytics services, custom development and system integration) to help organizations leverage investments in legacy information technology (IT) assets.
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