Headlines about Exfo (NASDAQ:EXFO) (TSE:EXF) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exfo earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 46.687308528102 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Blog Exposure – Nokia Emerges as Sole Supplier to Provide Operational Backbone for Telenor’s Operations in Norway and Sweden (finance.yahoo.com)
- Short Interest in Exfo Inc (EXFO) Grows By 11,205.1% (americanbankingnews.com)
- Exfo (EXFO) Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- Exfo Inc (EXFO) Forecasted to Earn Q2 2018 Earnings of $0.04 Per Share (americanbankingnews.com)
- EXFO to present at Needham Growth Conference (finance.yahoo.com)
Shares of Exfo (NASDAQ:EXFO) traded up $0.15 during trading hours on Friday, reaching $4.45. 535,563 shares of the company’s stock were exchanged, compared to its average volume of 11,383. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.11 and a quick ratio of 1.77. The stock has a market capitalization of $235.93, a price-to-earnings ratio of 445.00 and a beta of 0.49. Exfo has a one year low of $3.72 and a one year high of $6.15.
A number of research firms have commented on EXFO. Zacks Investment Research cut shares of Exfo from a “hold” rating to a “sell” rating in a research report on Thursday. Canaccord Genuity reaffirmed a “hold” rating and issued a $4.75 target price on shares of Exfo in a research report on Sunday, October 15th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $5.25 target price on shares of Exfo in a research report on Monday, October 16th. National Bank Financial decreased their target price on shares of Exfo from $5.50 to $4.75 and set a “sector perform” rating on the stock in a research report on Thursday, October 26th. Finally, BMO Capital Markets set a $6.00 target price on shares of Exfo and gave the company a “hold” rating in a research report on Friday, October 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $5.35.
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EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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