Media stories about Cass Information Systems (NASDAQ:CASS) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cass Information Systems earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.2527605494631 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Cass Information Systems (CASS) traded up 1.05% during midday trading on Wednesday, hitting $67.20. The company had a trading volume of 4,450 shares. Cass Information Systems has a 12-month low of $50.71 and a 12-month high of $74.83. The company has a market capitalization of $752.30 million, a price-to-earnings ratio of 30.55 and a beta of 1.17. The company’s 50-day moving average price is $65.01 and its 200 day moving average price is $65.32.
Cass Information Systems (NASDAQ:CASS) last released its quarterly earnings results on Thursday, April 27th. The business services provider reported $0.56 EPS for the quarter. The firm had revenue of $32.29 million during the quarter. Cass Information Systems had a net margin of 19.53% and a return on equity of 11.77%. Equities research analysts predict that Cass Information Systems will post $2.07 earnings per share for the current fiscal year.
In other news, insider Robert J. Mathias sold 698 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $65.00, for a total transaction of $45,370.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Gary B. Langfitt sold 750 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $65.50, for a total transaction of $49,125.00. The disclosure for this sale can be found here. 5.01% of the stock is owned by insiders.
Cass Information Systems Company Profile
Cass Information Systems, Inc (Cass) is a provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. The Company provides transportation invoice rating, payment processing, auditing, accounting and transportation information.
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