Favorable News Coverage Somewhat Unlikely to Affect Micronet Enertec Technologies (MICT) Stock Price

News articles about Micronet Enertec Technologies (NASDAQ:MICT) have been trending positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Micronet Enertec Technologies earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned media headlines about the aerospace company an impact score of 42.4686718410084 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

• BRIEF-Micronet Enertec says co was awarded with contracts totaling $1.2 mln in aerospace & defense (reuters.com)
• Micronet Enertec Awarded Contracts Totaling $1,200,000 in Aerospace & Defense (finance.yahoo.com)
• Micronet Enertec (MICT) Received $4.3M Order from Leading Telematics Provider (streetinsider.com)
• Micronet Received a new $4,300,000 order from a leading Telematics Provider; the order is the Largest Purchase Order since 2012 (finance.yahoo.com)

Micronet Enertec Technologies (NASDAQ MICT) opened at 0.838989 on Tuesday. The firm has a 50-day moving average price of $1.02 and a 200 day moving average price of $1.19. Micronet Enertec Technologies has a 12-month low of $0.77 and a 12-month high of $2.39. The firm’s market cap is $5.72 million.

Micronet Enertec Technologies (NASDAQ:MICT) last posted its quarterly earnings data on Monday, May 22nd. The aerospace company reported ($0.23) EPS for the quarter. Micronet Enertec Technologies had a negative return on equity of 49.36% and a negative net margin of 32.89%. The business had revenue of $5.26 million for the quarter. Equities research analysts forecast that Micronet Enertec Technologies will post $0.35 EPS for the current year.

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About Micronet Enertec Technologies

Micronet Enertec Technologies, Inc (Micronet Enertec) operates through Israel-based companies, which include Enertec Systems 2001 Ltd (Enertec), its subsidiary, and Micronet Ltd (Micronet), which develops, manufactures, integrates and markets rugged computers, tablets and computer-based systems and instruments for the commercial, defense and aerospace markets.