Somewhat Positive Press Coverage Somewhat Unlikely to Impact Aviat Networks (AVNW) Stock Price

News stories about Aviat Networks (NASDAQ:AVNW) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Aviat Networks earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the communications equipment provider an impact score of 47.3567346469381 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Aviat Networks (NASDAQ:AVNW) traded up 1.23% on Friday, reaching $18.95. 16,224 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $18.17 and a 200-day moving average price of $16.32. The company’s market capitalization is $100.72 million. Aviat Networks has a 1-year low of $7.28 and a 1-year high of $24.14.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings results on Wednesday, May 10th. The communications equipment provider reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $58.70 million during the quarter. Aviat Networks had a negative net margin of 5.95% and a negative return on equity of 13.23%. Equities research analysts expect that Aviat Networks will post ($0.13) earnings per share for the current year.

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Aviat Networks Company Profile

Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.