Somewhat Positive Press Coverage Very Likely to Affect inTEST (INTT) Share Price

Somewhat Positive Press Coverage Very Likely to Affect inTEST (INTT) Share Price

Press coverage about inTEST (NYSEMKT:INTT) has been trending somewhat positive on Saturday, according to Alpha One Sentiment. Alpha One, a unit of Accern, identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. inTEST earned a media sentiment score of 0.14 on Alpha One’s scale. Alpha One also gave media headlines about the semiconductor company an impact score of 89 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the next few days.

Shares of inTEST (NYSEMKT:INTT) traded up 1.39% during midday trading on Friday, reaching $7.30. The company’s stock had a trading volume of 321,589 shares. inTEST has a 1-year low of $3.48 and a 1-year high of $7.80. The stock has a 50 day moving average of $6.48 and a 200-day moving average of $5.06. The company has a market capitalization of $74.92 million and a P/E ratio of 28.29.

inTEST (NYSEMKT:INTT) last announced its earnings results on Thursday, May 4th. The semiconductor company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm earned $14.18 million during the quarter. On average, equities research analysts anticipate that inTEST will post $0.20 earnings per share for the current year.

In other inTEST news, major shareholder Thomas A. Satterfield, Jr. sold 8,000 shares of the business’s stock in a transaction dated Monday, March 13th. The shares were sold at an average price of $6.59, for a total value of $52,720.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Alyn R. Holt sold 100,000 shares of the business’s stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $6.25, for a total transaction of $625,000.00. The disclosure for this sale can be found here. Insiders sold a total of 234,332 shares of company stock worth $1,498,316 over the last 90 days.

About inTEST

inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.

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