Press coverage about RealNetworks (NASDAQ:RNWK) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RealNetworks earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.1829257329919 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several brokerages recently weighed in on RNWK. B. Riley reissued a “buy” rating and issued a $6.50 price objective on shares of RealNetworks in a research note on Sunday, July 23rd. Zacks Investment Research upgraded shares of RealNetworks from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th.
RealNetworks (RNWK) opened at 4.39 on Wednesday. The company has a 50-day moving average of $4.18 and a 200 day moving average of $4.38. RealNetworks has a 12-month low of $3.90 and a 12-month high of $5.45. The firm’s market cap is $163.31 million.
RealNetworks (NASDAQ:RNWK) last released its earnings results on Thursday, August 3rd. The technology company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.12. RealNetworks had a negative net margin of 20.48% and a negative return on equity of 36.41%. The company had revenue of $33.11 million for the quarter, compared to analyst estimates of $30.63 million. During the same quarter last year, the firm earned ($0.09) EPS. Equities analysts expect that RealNetworks will post ($0.82) EPS for the current fiscal year.
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RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.
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