Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Digi International (DGII) Stock Price
Media coverage about Digi International (NASDAQ:DGII) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Digi International earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.907079312106 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Digi International (DGII) opened at $10.70 on Wednesday. Digi International has a twelve month low of $8.50 and a twelve month high of $12.90. The company has a market capitalization of $298.67, a price-to-earnings ratio of 119.46 and a beta of 1.40.
Digi International (NASDAQ:DGII) last posted its quarterly earnings results on Thursday, January 25th. The technology company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.04). Digi International had a return on equity of 1.91% and a net margin of 1.34%. The company had revenue of $45.20 million during the quarter, compared to the consensus estimate of $45.58 million. During the same period in the previous year, the business earned $0.08 earnings per share. Digi International’s revenue was up .0% on a year-over-year basis. equities analysts predict that Digi International will post 0.15 EPS for the current fiscal year.
In other news, COO Kevin C. Riley sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $10.45, for a total value of $209,000.00. Following the completion of the transaction, the chief operating officer now directly owns 97,941 shares of the company’s stock, valued at $1,023,483.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kevin C. Riley sold 4,000 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $10.50, for a total value of $42,000.00. Following the completion of the transaction, the chief operating officer now directly owns 81,941 shares of the company’s stock, valued at $860,380.50. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.
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About Digi International
Digi International Inc is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products.
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