Sonic Foundry (SOFO) Getting Somewhat Favorable Press Coverage, Analysis Shows
News headlines about Sonic Foundry (NASDAQ:SOFO) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sonic Foundry earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.8446142911232 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Sonic Foundry traded down $0.06, hitting $2.22, during trading on Thursday, according to Marketbeat. The stock had a trading volume of 3,351 shares, compared to its average volume of 8,835. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.60 and a current ratio of 0.67. Sonic Foundry has a 12 month low of $2.05 and a 12 month high of $4.26.
Sonic Foundry (NASDAQ:SOFO) last posted its quarterly earnings results on Tuesday, May 15th. The software maker reported ($0.34) earnings per share for the quarter. The company had revenue of $8.46 million for the quarter. Sonic Foundry had a negative return on equity of 178.42% and a negative net margin of 9.03%.
About Sonic Foundry
Sonic Foundry, Inc provides enterprise solutions and services for the Web communications market in the United States and internationally. It offers Mediasite Video Platform, an on-premises solution to publish, stream, manage, search, and analyze videos; and Mediasite Video Cloud, a solution, which provides hosting and management of content.
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