Media coverage about Quantenna Communications (NASDAQ:QTNA) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Quantenna Communications earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.19828634343 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Quantenna Communications stock opened at $13.48 on Monday. The firm has a market capitalization of $485.40, a PE ratio of -674.00, a PEG ratio of 1.51 and a beta of 1.45. Quantenna Communications has a fifty-two week low of $9.60 and a fifty-two week high of $22.50.
Quantenna Communications (NASDAQ:QTNA) last released its quarterly earnings results on Monday, February 12th. The technology company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.11. The firm had revenue of $41.30 million for the quarter, compared to analysts’ expectations of $41.00 million. Quantenna Communications had a net margin of 19.51% and a return on equity of 0.96%. The business’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 earnings per share. research analysts expect that Quantenna Communications will post 0.36 EPS for the current year.
In other news, SVP David William Carroll sold 3,866 shares of the company’s stock in a transaction on Thursday, April 12th. The shares were sold at an average price of $14.00, for a total value of $54,124.00. Following the transaction, the senior vice president now owns 41,612 shares of the company’s stock, valued at $582,568. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 12,974 shares of company stock worth $181,702. Insiders own 22.62% of the company’s stock.
WARNING: This story was originally posted by Week Herald and is the property of of Week Herald. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://weekherald.com/2018/04/23/quantenna-communications-qtna-earning-somewhat-favorable-news-coverage-analysis-shows.html.
About Quantenna Communications
Quantenna Communications, Inc is engaged in the design, development and marketing of wireless communication solutions enabling wireless local area networking. The Company’s solutions are designed to deliver wireless fidelity (Wi-Fi) performance to support various connected devices accessing a pool of digital content.
Receive News & Ratings for Quantenna Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quantenna Communications and related companies with MarketBeat.com's FREE daily email newsletter.