Somewhat Favorable Press Coverage Somewhat Unlikely to Affect DASAN Zhone Solutions (DZSI) Stock Price

News coverage about DASAN Zhone Solutions (NASDAQ:DZSI) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DASAN Zhone Solutions earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.0097944919431 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of DASAN Zhone Solutions from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of DASAN Zhone Solutions from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research note on Friday, August 18th.

DASAN Zhone Solutions (DZSI) traded up 0.742% on Tuesday, reaching $6.518. 833 shares of the company were exchanged. The stock has a 50 day moving average of $6.78 and a 200 day moving average of $6.27. DASAN Zhone Solutions has a 12-month low of $0.85 and a 12-month high of $7.50. The firm’s market capitalization is $106.76 million.

DASAN Zhone Solutions (NASDAQ:DZSI) last announced its quarterly earnings data on Wednesday, August 9th. The communications equipment provider reported ($0.05) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.02. DASAN Zhone Solutions had a negative net margin of 7.22% and a negative return on equity of 19.03%. The business had revenue of $60.11 million for the quarter, compared to analyst estimates of $54.07 million. Equities analysts anticipate that DASAN Zhone Solutions will post ($0.05) EPS for the current year.

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About DASAN Zhone Solutions

DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.

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