Somewhat Critical Press Coverage Somewhat Unlikely to Impact RMG Networks (NASDAQ:RMGN) Stock Price

News coverage about RMG Networks (NASDAQ:RMGN) has been trending somewhat negative on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news 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. RMG Networks earned a coverage optimism score of -0.10 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.8115314443385 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

A number of equities research analysts have weighed in on the company. ValuEngine downgraded RMG Networks from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of RMG Networks from a “sell” rating to a “hold” rating in a report on Friday, September 15th. Finally, Roth Capital set a $3.00 price objective on shares of RMG Networks and gave the stock a “buy” rating in a report on Wednesday, November 1st.

Shares of RMG Networks (RMGN) traded down $0.03 during trading on Wednesday, hitting $0.94. 49,891 shares of the company traded hands, compared to its average volume of 25,446. RMG Networks has a 12-month low of $0.90 and a 12-month high of $4.44.

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RMG Networks Company Profile

RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.

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