News coverage about Inseego (NASDAQ:INSG) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Inseego earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.9979782188031 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news headlines that may have effected Accern’s rankings:

Inseego traded up $0.07, reaching $2.08, during trading on Wednesday, according to Marketbeat. The company’s stock had a trading volume of 1,879 shares, compared to its average volume of 155,947. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of -2.67. The stock has a market capitalization of $119.20 million, a PE ratio of -2.67 and a beta of 0.29. Inseego has a 1-year low of $0.87 and a 1-year high of $2.33.

Inseego (NASDAQ:INSG) last posted its earnings results on Tuesday, May 8th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.03). The business had revenue of $46.73 million during the quarter, compared to analyst estimates of $48.49 million. equities analysts anticipate that Inseego will post -0.36 EPS for the current year.

A number of research firms have issued reports on INSG. ValuEngine upgraded shares of Inseego from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Zacks Investment Research upgraded shares of Inseego from a “hold” rating to a “buy” rating and set a $2.25 target price for the company in a research note on Thursday, April 26th. Finally, Canaccord Genuity lifted their target price on shares of Inseego from $1.75 to $2.25 and gave the company a “hold” rating in a research note on Thursday, March 8th.

Inseego Company Profile

Inseego Corp., together with its subsidiaries, provides software-as-a-service (SaaS), Internet of Things (IoT), and mobile solutions worldwide. The company sells SaaS, software, and service solutions across multiple IoT vertical markets, including fleet management and vehicle telematics, aviation, usage-based insurance, stolen vehicle recovery, asset tracking and monitoring, business connectivity, and subscription management.

Insider Buying and Selling by Quarter for Inseego (NASDAQ:INSG)

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