Media coverage about Datawatch (NASDAQ:DWCH) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press 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. Datawatch earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.6497095579544 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Datawatch (NASDAQ DWCH) opened at $9.05 on Tuesday. Datawatch has a 1 year low of $6.95 and a 1 year high of $12.65. The stock has a market cap of $114.88, a P/E ratio of -41.14 and a beta of 1.26.
Datawatch (NASDAQ:DWCH) last posted its quarterly earnings results on Thursday, January 25th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Datawatch had a negative net margin of 6.89% and a negative return on equity of 3.81%. The company had revenue of $9.59 million during the quarter, compared to analyst estimates of $9.28 million. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year.
A number of research firms have issued reports on DWCH. Zacks Investment Research raised shares of Datawatch from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. TheStreet raised shares of Datawatch from a “d” rating to a “c” rating in a research report on Friday, January 26th. Craig Hallum set a $18.00 price target on shares of Datawatch and gave the stock a “buy” rating in a research report on Friday, January 5th. Finally, ValuEngine raised shares of Datawatch from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Datawatch presently has an average rating of “Hold” and a consensus price target of $13.33.
In other news, CEO Michael Anthony Morrison sold 35,687 shares of Datawatch stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $10.11, for a total transaction of $360,795.57. Following the completion of the transaction, the chief executive officer now directly owns 232,189 shares of the company’s stock, valued at approximately $2,347,430.79. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 9.44% of the stock is owned by insiders.
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Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.
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