Press coverage about Datawatch Corporation (NASDAQ:DWCH) has trended somewhat positive on Saturday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Datawatch Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.608429570396 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of research firms recently issued reports on DWCH. Zacks Investment Research raised shares of Datawatch Corporation from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective on the stock in a report on Friday, July 21st. Canaccord Genuity raised their price objective on shares of Datawatch Corporation from $8.50 to $10.00 and gave the stock a “hold” rating in a report on Thursday, July 20th. Finally, ValuEngine raised shares of Datawatch Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.
Datawatch Corporation (NASDAQ DWCH) remained flat at $9.90 during trading on Friday. The company had a trading volume of 54,380 shares. The company has a 50-day moving average of $10.13 and a 200 day moving average of $8.60. Datawatch Corporation has a one year low of $5.25 and a one year high of $11.98. The firm’s market cap is $120.77 million.
Datawatch Corporation (NASDAQ:DWCH) last released its earnings results on Wednesday, July 19th. The technology company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.08. The business had revenue of $9.10 million for the quarter, compared to the consensus estimate of $8.83 million. Datawatch Corporation had a negative return on equity of 10.87% and a negative net margin of 14.74%. Datawatch Corporation’s revenue for the quarter was up 23.0% on a year-over-year basis. On average, analysts predict that Datawatch Corporation will post ($0.10) EPS for the current fiscal year.
In related news, Director Randy Seidl sold 7,167 shares of the business’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $10.58, for a total value of $75,826.86. Following the completion of the transaction, the director now owns 19,000 shares in the company, valued at approximately $201,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Anthony Morrison sold 14,202 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $9.61, for a total transaction of $136,481.22. Following the completion of the transaction, the chief executive officer now owns 170,001 shares of the company’s stock, valued at approximately $1,633,709.61. The disclosure for this sale can be found here. Insiders sold a total of 108,278 shares of company stock worth $1,177,891 over the last three months. 17.69% of the stock is owned by company insiders.
Datawatch Corporation Company Profile
Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.
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