News articles about DASAN Zhone Solutions (NASDAQ:DZSI) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DASAN Zhone Solutions earned a news impact score of 0.10 on Accern’s scale. Accern also gave news stories about the communications equipment provider an impact score of 45.9048404786581 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, Zacks Investment Research lowered shares of DASAN Zhone Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 18th.
DASAN Zhone Solutions (DZSI) remained flat at $7.15 during midday trading on Friday. The stock had a trading volume of 5,502 shares. The stock’s market cap is $117.10 million. DASAN Zhone Solutions has a one year low of $4.25 and a one year high of $10.00. The company has a 50 day moving average price of $6.40 and a 200-day moving average price of $4.83.
DASAN Zhone Solutions (NASDAQ:DZSI) last released its quarterly earnings data on Tuesday, May 16th. The communications equipment provider reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. The business had revenue of $53.07 million during the quarter, compared to analyst estimates of $50.08 million. DASAN Zhone Solutions had a negative net margin of 9.30% and a negative return on equity of 26.94%. Equities analysts expect that DASAN Zhone Solutions will post ($0.13) earnings per share for the current fiscal year.
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About DASAN Zhone Solutions
DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.
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