Headlines about PC Tel (NASDAQ:PCTI) have trended somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PC Tel earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the Wireless communications provider an impact score of 45.8304562018239 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

NASDAQ:PCTI traded down $0.09 during mid-day trading on Friday, reaching $4.18. The stock had a trading volume of 24,500 shares, compared to its average volume of 34,464. The company has a market cap of $81.32 million, a P/E ratio of 41.80 and a beta of 0.51. PC Tel has a twelve month low of $4.12 and a twelve month high of $7.85.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Investors of record on Wednesday, August 8th were given a $0.055 dividend. The ex-dividend date of this dividend was Tuesday, August 7th. This represents a $0.22 dividend on an annualized basis and a yield of 5.26%. PC Tel’s payout ratio is currently 220.00%.

PCTI has been the subject of several recent research reports. Zacks Investment Research downgraded shares of PC Tel from a “buy” rating to a “hold” rating in a research note on Saturday, April 21st. ValuEngine downgraded shares of PC Tel from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. TheStreet upgraded shares of PC Tel from a “c+” rating to a “b” rating in a research report on Friday, May 4th. B. Riley upgraded shares of PC Tel from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $8.50 to $4.50 in a research report on Thursday, August 9th. Finally, Lake Street Capital downgraded shares of PC Tel from a “buy” rating to a “hold” rating and reduced their price objective for the company from $9.00 to $6.00 in a research report on Thursday, August 9th. Two analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $6.25.

PC Tel Company Profile

PCTEL, Inc, together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company operates in two segments, Connected Solutions and RF Solutions. The Connected Solutions segment designs and delivers precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things.

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Insider Buying and Selling by Quarter for PC Tel (NASDAQ:PCTI)

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