Somewhat Positive Media Coverage Somewhat Unlikely to Affect Insignia Systems (ISIG) Stock Price
News stories about Insignia Systems (NASDAQ:ISIG) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Insignia Systems earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 44.0954623083099 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Insignia Systems (NASDAQ:ISIG) traded down 1.00% on Friday, reaching $0.99. 2,893 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $1.02 and its 200 day moving average price is $1.17. The company’s market cap is $11.72 million. Insignia Systems has a 12 month low of $0.90 and a 12 month high of $2.65.
In related news, major shareholder Air T. Inc acquired 48,659 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The shares were bought at an average price of $1.00 per share, with a total value of $48,659.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Air T. Inc acquired 33,805 shares of the company’s stock in a transaction that occurred on Friday, July 14th. The shares were bought at an average cost of $1.02 per share, for a total transaction of $34,481.10. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 139,121 shares of company stock worth $139,009. 40.10% of the stock is owned by corporate insiders.
Insignia Systems Company Profile
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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