News headlines about iPass (NASDAQ:IPAS) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. iPass earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.522608161432 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
iPass (NASDAQ IPAS) traded up $0.03 during mid-day trading on Friday, hitting $0.50. 182,664 shares of the company were exchanged, compared to its average volume of 487,631. iPass has a 1 year low of $0.39 and a 1 year high of $1.51. The stock has a market capitalization of $33.37, a price-to-earnings ratio of -1.85 and a beta of -0.34.
A number of research analysts recently weighed in on IPAS shares. Maxim Group reissued a “buy” rating and issued a $2.00 target price on shares of iPass in a report on Thursday, November 2nd. Zacks Investment Research raised shares of iPass from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Roth Capital started coverage on shares of iPass in a report on Wednesday, January 17th. They issued a “buy” rating and a $2.00 target price for the company. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $2.22.
iPass Company Profile
iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.
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