Press coverage about Insignia Systems (NASDAQ:ISIG) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Insignia Systems earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 47.306103713832 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Insignia Systems (NASDAQ ISIG) traded down 3.17% during midday trading on Thursday, reaching $1.22. 5,668 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $1.13 and a 200-day moving average of $1.07. The stock’s market capitalization is $14.44 million. Insignia Systems has a 12-month low of $0.90 and a 12-month high of $2.59.
In other news, major shareholder Air T. Inc bought 48,659 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $1.00 per share, with a total value of $48,659.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders have purchased 88,278 shares of company stock valued at $90,308. 1.80% of the stock is currently owned by corporate insiders.
Insignia Systems Company Profile
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.