News articles about Identiv (NASDAQ:INVE) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Identiv earned a news impact score of 0.06 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 45.1140646245132 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
INVE stock traded down $0.10 during trading on Thursday, hitting $3.52. The company had a trading volume of 7,373 shares, compared to its average volume of 43,031. The company has a market capitalization of $54.96, a P/E ratio of -9.18 and a beta of -0.25. Identiv has a fifty-two week low of $2.55 and a fifty-two week high of $6.29. The company has a quick ratio of 1.56, a current ratio of 2.09 and a debt-to-equity ratio of 0.13.
Identiv (NASDAQ:INVE) last posted its quarterly earnings data on Thursday, March 8th. The technology company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.19. The business had revenue of $16.56 million during the quarter, compared to the consensus estimate of $16.53 million. Identiv had a negative net margin of 13.52% and a negative return on equity of 32.68%. equities analysts anticipate that Identiv will post -0.26 EPS for the current year.
INVE has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Identiv from a “hold” rating to a “buy” rating and set a $4.25 price target for the company in a research report on Wednesday, March 21st. ValuEngine downgraded shares of Identiv from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st.
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Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.
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