RMG Networks (RMGN) Receiving Somewhat Positive Press Coverage, Analysis Shows

News headlines about RMG Networks (NASDAQ:RMGN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. RMG Networks earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 45.9014345190932 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

RMG Networks (NASDAQ RMGN) traded down $0.08 on Friday, hitting $1.09. 511,109 shares of the company were exchanged, compared to its average volume of 1,523,346. RMG Networks has a 52 week low of $0.75 and a 52 week high of $4.44.

RMG Networks (NASDAQ:RMGN) last announced its quarterly earnings results on Tuesday, November 7th. The business services provider reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.05). RMG Networks had a negative net margin of 14.28% and a negative return on equity of 63.63%. research analysts expect that RMG Networks will post -0.54 earnings per share for the current year.

A number of research firms recently weighed in on RMGN. Roth Capital cut shares of RMG Networks from a “buy” rating to a “neutral” rating and lowered their target price for the company from $3.00 to $1.00 in a research note on Wednesday, November 8th. Zacks Investment Research upgraded shares of RMG Networks from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th.

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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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