Somewhat Negative Press Coverage Somewhat Unlikely to Affect Aquantia (AQ) Stock Price
News coverage about Aquantia (NYSE:AQ) has been trending somewhat negative on Friday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aquantia earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.4972967437351 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.
Several equities research analysts recently weighed in on the company. Northland Securities assumed coverage on Aquantia in a research note on Wednesday, July 18th. They issued an “outperform” rating and a $16.50 price target on the stock. ValuEngine raised Aquantia from a “sell” rating to a “hold” rating in a research note on Thursday, May 31st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Aquantia has an average rating of “Buy” and an average price target of $15.08.
Shares of NYSE AQ traded up $0.03 during trading on Friday, reaching $12.46. The company had a trading volume of 2,849 shares, compared to its average volume of 206,878. Aquantia has a 12-month low of $9.01 and a 12-month high of $18.49. The stock has a market cap of $428.94 million and a P/E ratio of -25.96.
Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, and access markets worldwide. Its products include corporate and cloud data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
Featured Article: Penny Stocks
Receive News & Ratings for Aquantia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aquantia and related companies with MarketBeat.com's FREE daily email newsletter.