Press coverage about Edgewater Technology (NASDAQ:EDGW) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Edgewater Technology earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 45.4545791427129 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Separately, TheStreet downgraded shares of Edgewater Technology from a “c” rating to a “d+” rating in a research note on Friday, November 3rd.

Edgewater Technology (NASDAQ EDGW) opened at $6.27 on Monday. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.06. Edgewater Technology has a 52 week low of $6.04 and a 52 week high of $7.97. The company has a market cap of $90.18, a price-to-earnings ratio of -11.20 and a beta of 1.71.

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About Edgewater Technology

Edgewater Technology, Inc is a provider of transformational classic and product-based consulting services. The Company helps the C-suite drive transformational change through its selection of business and technology services, and channel-based solutions. The classic consulting disciplines (such as business advisory, process improvement, organizational change management, mergers and acquisitions (M&A) due diligence, and domain expertise) are blended with technical services (digital transformation, technical roadmaps, data and analytics services, custom development and system integration) to help organizations leverage investments in legacy information technology (IT) assets.

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