The Vonage Holdings Corp. (VG) Earns News Sentiment Rating of 0.07

The Vonage Holdings Corp. (VG) Earns News Sentiment Rating of 0.07

These are some of the media headlines that may have impacted Alpha One’s scoring:

News coverage about Vonage Holdings Corp. (NYSE:VG) has trended somewhat positive recently, according to AlphaOne Sentiment. The research firm, a service of Accern, scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vonage Holdings Corp. earned a daily sentiment score of 0.07 on AlphaOne’s scale. AlphaOne also assigned news stories about the technology company an impact score of 64 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next few days.

Shares of Vonage Holdings Corp. (NYSE:VG) opened at 6.99 on Monday. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 114.59 and a beta of 0.25. Vonage Holdings Corp. has a 1-year low of $4.50 and a 1-year high of $7.88. The company has a 50 day moving average of $6.69 and a 200 day moving average of $6.66. Vonage Holdings Corp. (NYSE:VG) last released its earnings results on Tuesday, May 9th. The technology company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $243.30 million during the quarter, compared to the consensus estimate of $242.40 million. Vonage Holdings Corp. had a net margin of 2.27% and a return on equity of 17.99%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share. On average, equities analysts forecast that Vonage Holdings Corp. will post $0.27 earnings per share for the current fiscal year.

In related news, SVP Mcgonigal Graham sold 44,523 shares of the firm’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $7.25, for a total value of $322,791.75. Following the completion of the transaction, the senior vice president now owns 145,673 shares of the company’s stock, valued at $1,056,129.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Antoine Jamous sold 284,623 shares of the firm’s stock in a transaction on Tuesday, March 14th. The shares were sold at an average price of $6.17, for a total transaction of $1,756,123.91. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,436,181 shares of company stock valued at $9,306,160. 14.59% of the stock is owned by insiders. About Vonage Holdings Corp.

Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. The Company operates through two segments: Business and Consumer. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration, and mobile applications over its scalable session initiation protocol (SIP) based voice over Internet protocol (VoIP) network.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “VG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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