The LRAD Corporation (LRAD) Earning Somewhat Positive Media Coverage, Study Shows

The LRAD Corporation (LRAD) Earning Somewhat Positive Media Coverage, Study Shows

Media coverage about LRAD Corporation (NASDAQ:LRAD) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LRAD Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the scientific and technical instruments company an impact score of 46.3257634833828 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

LRAD Corporation (NASDAQ LRAD) traded down 0.46% during mid-day trading on Wednesday, reaching $2.15. 110,136 shares of the company’s stock were exchanged. The company’s market cap is $68.64 million. LRAD Corporation has a 52-week low of $1.30 and a 52-week high of $2.25. The stock has a 50-day moving average price of $1.93 and a 200 day moving average price of $1.72.

LRAD Corporation (NASDAQ:LRAD) last issued its quarterly earnings results on Wednesday, August 9th. The scientific and technical instruments company reported ($0.02) earnings per share for the quarter. The business had revenue of $4.13 million for the quarter. LRAD Corporation had a negative return on equity of 4.51% and a negative net margin of 8.79%. Equities analysts predict that LRAD Corporation will post $0.14 earnings per share for the current fiscal year.

Separately, TheStreet cut shares of LRAD Corporation from a “c-” rating to a “d” rating in a research note on Thursday, August 24th.

About LRAD Corporation

LRAD Corporation is engaged in the design, development and commercialization of directed sound technologies and products. The Company develops and delivers directed acoustic products that beam, focus and control sound over relatively short and long distances. Its long range acoustic device (LRAD) offers directional long-range acoustic hailing devices (AHDs).

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