Somewhat Positive News Coverage Somewhat Unlikely to Impact Amber Road (AMBR) Share Price

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Press coverage about Amber Road (NYSE:AMBR) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Amber Road earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 47.2317873447385 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

AMBR has been the topic of a number of research reports. ValuEngine lowered shares of Amber Road from a “hold” rating to a “sell” rating in a research note on Wednesday, April 11th. Canaccord Genuity lowered shares of Amber Road from a “buy” rating to a “hold” rating and increased their price objective for the stock from $9.74 to $10.00 in a research note on Friday, February 16th. Finally, Needham & Company LLC raised their price target on shares of Amber Road from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, February 16th.

Amber Road traded up $0.14, hitting $9.66, during midday trading on Thursday, according to Marketbeat Ratings. 71,387 shares of the company traded hands, compared to its average volume of 119,855. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.68. The company has a market cap of $253.90 million, a price-to-earnings ratio of -20.55 and a beta of 0.34. Amber Road has a 52-week low of $6.14 and a 52-week high of $10.29.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, May 10th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.04. The business had revenue of $20.10 million for the quarter, compared to the consensus estimate of $20.05 million. Amber Road had a negative net margin of 14.56% and a negative return on equity of 44.17%. The company’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.12) earnings per share. research analysts forecast that Amber Road will post -0.41 EPS for the current year.

In other Amber Road news, Director Ralph E. Faison purchased 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 15th. The shares were purchased at an average cost of $9.38 per share, with a total value of $28,140.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nathan Pieri sold 4,920 shares of the firm’s stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $9.30, for a total transaction of $45,756.00. Following the completion of the transaction, the insider now directly owns 30,826 shares in the company, valued at $286,681.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 89,468 shares of company stock worth $842,308. Insiders own 15.10% of the company’s stock.

Amber Road Company Profile

Amber Road, Inc provides cloud-based global trade management (GTM) solutions in the United States and internationally. The company's GTM solutions include modules for logistics contract and rate management; supply chain visibility and event management; international trade compliance; and global knowledge trade content database, supply chain collaboration with overseas factories and vendors, and duty management solutions to importers and exporters, nonvessel owning common carriers (resellers), and ocean carriers.

Insider Buying and Selling by Quarter for Amber Road (NYSE:AMBR)

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