Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Nuance Communications (NUAN) Share Price
Media coverage about Nuance Communications (NASDAQ:NUAN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nuance Communications earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.6082035848692 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Nuance Communications Inc. (NUAN) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Nuance Communications, Inc. (NUAN); Trying To Revamp Market Position – Stock News Stop (stockmarketstop.com)
- Short-Term Trade Secrets: Nuance Communications Inc (NASDAQ: NUAN) – Alpha Beta Stock (alphabetastock.com)
- How to fix: PaperPort appears to be running Windows XP Compatibility Mode, see Technote 6629 (experts-exchange.com)
- What is ATR in technical analysis? Nuance Communications, Inc. (NUAN) – Wall Street Morning (wallstreetmorning.com)
Shares of Nuance Communications (NUAN) traded down $0.01 during trading hours on Friday, reaching $17.57. The company’s stock had a trading volume of 2,823,145 shares, compared to its average volume of 2,470,000. The stock has a market cap of $5,160.00, a PE ratio of -32.54, a P/E/G ratio of 1.77 and a beta of 0.69. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.14. Nuance Communications has a 12 month low of $14.02 and a 12 month high of $19.93.
NUAN has been the subject of several analyst reports. Morgan Stanley restated a “buy” rating and issued a $18.00 target price on shares of Nuance Communications in a report on Wednesday, November 22nd. Zacks Investment Research upgraded Nuance Communications from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, December 5th. Oppenheimer restated a “buy” rating and issued a $23.00 target price on shares of Nuance Communications in a report on Wednesday, November 29th. Canaccord Genuity restated a “buy” rating and issued a $21.00 target price on shares of Nuance Communications in a report on Monday, January 22nd. Finally, TheStreet upgraded Nuance Communications from a “d+” rating to a “c-” rating in a report on Wednesday, January 17th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Nuance Communications currently has an average rating of “Buy” and an average price target of $20.50.
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Nuance Communications Company Profile
Nuance Communications, Inc is a provider of voice recognition and natural language understanding solutions. The Company’s segments include Healthcare, Mobile, Enterprise and Imaging. The Healthcare segment provides clinical speech and clinical language understanding solutions. The solutions for the Healthcare segment include transcription solutions, Dragon Medical, and clinical document improvement (CDI) and coding solutions.
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