Somewhat Positive Media Coverage Extremely Likely to Impact Mattersight Corporation (MATR) Share Price
News stories about Mattersight Corporation (NASDAQ:MATR) have trended somewhat positive recently, according to Alpha One. The research firm, a service of Accern, scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mattersight Corporation earned a news sentiment score of 0.09 on Alpha One’s scale. Alpha One also assigned media stories about the software maker an impact score of 96 out of 100, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Separately, Zacks Investment Research raised Mattersight Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a report on Saturday, June 10th.
Mattersight Corporation (NASDAQ:MATR) traded down 1.89% on Friday, reaching $2.60. The company had a trading volume of 143,977 shares. The stock’s 50 day moving average is $2.74 and its 200-day moving average is $3.38. Mattersight Corporation has a 1-year low of $2.35 and a 1-year high of $4.65. The stock’s market capitalization is $84.98 million.
Mattersight Corporation (NASDAQ:MATR) last issued its quarterly earnings data on Tuesday, May 9th. The software maker reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.17) by $0.02. Mattersight Corporation had a negative net margin of 46.76% and a negative return on equity of 955.39%. The business had revenue of $10.96 million during the quarter. On average, equities analysts predict that Mattersight Corporation will post ($0.54) EPS for the current fiscal year.
In other Mattersight Corporation news, CFO David B. Mullen acquired 20,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average cost of $2.58 per share, with a total value of $51,600.00. Following the completion of the acquisition, the chief financial officer now owns 394,125 shares in the company, valued at $1,016,842.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Henry Feinberg acquired 50,000 shares of the company’s stock in a transaction on Wednesday, June 7th. The stock was acquired at an average cost of $2.48 per share, for a total transaction of $124,000.00. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 498,796 shares of company stock worth $1,740,705. 30.20% of the stock is owned by corporate insiders.
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About Mattersight Corporation
Mattersight Corporation offers behavioral analytics and provides personality-based software products. The Company uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics (collectively, Behavioral Analytics) to analyze and predict customer behavior based on the language exchanged between agents and customers during brand interactions.
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