News articles about Insignia Systems (NASDAQ:ISIG) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Insignia Systems earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 44.342972421962 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Insignia Systems (NASDAQ:ISIG) remained flat at $1.11 during trading on Wednesday. The stock had a trading volume of 1 shares. The firm’s market cap is $13.14 million. Insignia Systems has a 1-year low of $0.90 and a 1-year high of $2.59. The stock’s 50-day moving average is $1.04 and its 200 day moving average is $1.12.
In other Insignia Systems news, major shareholder Air T. Inc purchased 48,659 shares of the stock in a transaction on Tuesday, August 15th. The stock was bought at an average cost of $1.00 per share, for a total transaction of $48,659.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Air T. Inc purchased 33,805 shares of the stock in a transaction on Friday, July 14th. The stock was acquired at an average price of $1.02 per share, with a total value of $34,481.10. The disclosure for this purchase can be found here. Insiders purchased 133,007 shares of company stock valued at $136,041 in the last quarter. 40.10% of the stock is currently owned by corporate insiders.
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About Insignia Systems
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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