Somewhat Positive Press Coverage Somewhat Unlikely to Affect Giga-tronics (GIGA) Share Price

Headlines about Giga-tronics (NASDAQ:GIGA) have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Giga-tronics earned a news impact score of 0.01 on Accern’s scale. Accern also gave news articles about the scientific and technical instruments company an impact score of 47.2545246365124 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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Shares of Giga-tronics (GIGA) traded down 0.870% on Monday, hitting $0.684. The stock had a trading volume of 10,327 shares. Giga-tronics has a 12 month low of $0.60 and a 12 month high of $1.09. The firm has a 50 day moving average of $0.81 and a 200 day moving average of $0.83. The stock’s market cap is $6.94 million.

Giga-tronics (NASDAQ:GIGA) last posted its earnings results on Friday, August 4th. The scientific and technical instruments company reported ($0.13) EPS for the quarter. The business had revenue of $1.99 million during the quarter.

Separately, ValuEngine upgraded Giga-tronics from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th.

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About Giga-tronics

Giga-tronics Incorporated (Giga-tronics) includes the operations of the Giga-tronics Division and Microsource Inc (Microsource). The Company operates through two segments: Giga-tronics Division and Microsource. Giga-tronics segment designs, manufactures and markets the Advanced Signal Generator (ASG) for the electronic warfare market and switching systems that are used in automatic testing systems primarily in aerospace, defense and telecommunications.