News stories about Sonic Foundry (NASDAQ:SOFO) have been trending somewhat positive on Sunday, Accern reports. 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 public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sonic Foundry earned a news impact score of 0.24 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.4024516688122 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Sonic Foundry (SOFO) traded up 0.59% on Friday, reaching $3.42. The company had a trading volume of 7,974 shares. Sonic Foundry has a 1-year low of $3.40 and a 1-year high of $6.49. The company’s 50 day moving average price is $3.62 and its 200-day moving average price is $4.36. The stock’s market capitalization is $15.25 million.
Sonic Foundry (NASDAQ:SOFO) last posted its quarterly earnings results on Thursday, August 10th. The software maker reported ($0.13) earnings per share for the quarter. Sonic Foundry had a negative return on equity of 96.92% and a negative net margin of 11.58%. The company had revenue of $9.83 million for the quarter. Equities analysts predict that Sonic Foundry will post $0.23 EPS for the current year.
In other Sonic Foundry news, Director Mark D. Burish acquired 655 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The stock was bought at an average price of $762.85 per share, with a total value of $499,666.75. Following the completion of the transaction, the director now directly owns 1,260 shares of the company’s stock, valued at $961,191. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 24.10% of the stock is owned by corporate insiders.
About Sonic Foundry
Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.
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