Covisint Corp (COVS) Given Daily Media Sentiment Rating of 0.44

Press coverage about Covisint Corp (NASDAQ:COVS) has trended positive this week, according to AlphaOne. The research firm, a division of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Covisint Corp earned a daily sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also gave news coverage about the software maker an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next several days.

Covisint Corp (NASDAQ:COVS) traded up 7.89% during midday trading on Friday, hitting $2.05. 130,739 shares of the stock traded hands. The firm’s market cap is $83.77 million. The company’s 50 day moving average price is $1.91 and its 200 day moving average price is $2.03. Covisint Corp has a 12 month low of $1.71 and a 12 month high of $2.48.

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Covisint Corp Company Profile

Covisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company’s Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services.

12 Month Chart for NASDAQ:COVS

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