Somewhat Positive News Coverage Somewhat Unlikely to Affect Magal Security Systems (MAGS) Stock Price

News stories about Magal Security Systems (NASDAQ:MAGS) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Magal Security Systems earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 47.5406501602611 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern’s analysis:

Shares of Magal Security Systems traded up $0.04, reaching $5.52, during mid-day trading on Friday, Marketbeat Ratings reports. 25,605 shares of the stock were exchanged, compared to its average volume of 27,219. Magal Security Systems has a fifty-two week low of $4.13 and a fifty-two week high of $6.48.

Magal Security Systems (NASDAQ:MAGS) last announced its earnings results on Wednesday, May 16th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $17.26 million for the quarter. Magal Security Systems had a negative return on equity of 3.75% and a negative net margin of 5.03%.

Separately, ValuEngine cut shares of Magal Security Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd.

Magal Security Systems Company Profile

Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, and cyber security products and systems worldwide. It operates through three segments: Perimeter Products, Turnkey Projects, and Video and Cyber Security.

Insider Buying and Selling by Quarter for Magal Security Systems (NASDAQ:MAGS)

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