Press coverage about DASAN Zhone Solutions (NASDAQ:DZSI) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. DASAN Zhone Solutions earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 46.0496328644362 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- DASAN Zhone Solutions, Inc.: DZS Announces Management Transition in Connection with Anniversary of Merger (finanznachrichten.de)
- DASAN Zhone Solutions, Inc. (DZSI) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- Zacks Investment Research Downgrades DASAN Zhone Solutions, Inc. (DZSI) to Hold (americanbankingnews.com)
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of DASAN Zhone Solutions from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a research report on Friday, September 8th. ValuEngine raised shares of DASAN Zhone Solutions from a “sell” rating to a “hold” rating in a report on Friday, September 1st.
DASAN Zhone Solutions (DZSI) traded down 1.6548% during midday trading on Wednesday, reaching $6.5553. 14,164 shares of the company were exchanged. The firm’s 50-day moving average is $6.87 and its 200-day moving average is $6.17. The firm’s market cap is $107.37 million. DASAN Zhone Solutions has a one year low of $0.85 and a one year high of $7.50.
DASAN Zhone Solutions (NASDAQ:DZSI) last posted its earnings results on Wednesday, August 9th. The communications equipment provider reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.02. DASAN Zhone Solutions had a negative net margin of 7.22% and a negative return on equity of 19.03%. The firm had revenue of $60.11 million during the quarter, compared to analysts’ expectations of $54.07 million. On average, equities analysts expect that DASAN Zhone Solutions will post ($0.05) EPS for the current fiscal year.
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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