Very Favorable Media Coverage Very Likely to Impact inTEST (INTT) Stock Price

Media headlines about inTEST (NYSEMKT:INTT) have trended very positive recently, Alpha One Sentiment Analysis reports. Alpha One, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. inTEST earned a daily sentiment score of 0.56 on Alpha One’s scale. Alpha One also assigned news coverage about the semiconductor company an impact score of 84 out of 100, indicating that recent news coverage is very likely to have an impact on the stock’s share price in the near term.

Here are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s rankings:

inTEST (NYSEMKT:INTT) traded down 3.05% during mid-day trading on Friday, reaching $7.95. 46,202 shares of the company’s stock traded hands. The company has a 50 day moving average price of $6.92 and a 200-day moving average price of $5.32. inTEST has a 12 month low of $3.48 and a 12 month high of $8.35. The stock has a market cap of $81.61 million and a P/E ratio of 17.67.

inTEST (NYSEMKT:INTT) last posted its quarterly earnings data on Thursday, May 4th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $14.18 million during the quarter. On average, analysts anticipate that inTEST will post $0.20 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “Very Favorable Media Coverage Very Likely to Impact inTEST (INTT) Stock Price” was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/05/19/intest-intt-given-daily-news-sentiment-score-of-0-56-updated.html.

In related news, CEO Robert E. Matthiessen sold 19,995 shares of inTEST stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $8.00, for a total transaction of $159,960.00. Following the sale, the chief executive officer now owns 122,514 shares of the company’s stock, valued at approximately $980,112. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Thomas A. Satterfield, Jr. sold 52,315 shares of inTEST stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $8.08, for a total value of $422,705.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 351,739 shares of company stock worth $2,430,032.

inTEST Company Profile

inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.

Receive News & Ratings for inTEST Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for inTEST Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply