News coverage about ClearOne (NASDAQ:CLRO) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ClearOne earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 46.7334952436751 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- BRIEF-Clearone Inc files for non-timely 10-Q (reuters.com)
- BRIEF-Clearone Inc files for non-timely 10-Q (CLRO) (markets.businessinsider.com)
- Why ClearOne Inc (CLRO) Could Be A Buy (finance.yahoo.com)
- Q4 2017 Earnings Estimate for ClearOne, Inc. (CLRO) Issued By B. Riley (americanbankingnews.com)
- Zacks: ClearOne, Inc. (CLRO) Given $8.50 Average Target Price by Brokerages (americanbankingnews.com)
A number of research firms have recently weighed in on CLRO. B. Riley reaffirmed a “buy” rating and issued a $9.75 price objective on shares of ClearOne in a research note on Thursday, August 10th. ValuEngine raised ClearOne from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, TheStreet lowered ClearOne from a “c-” rating to a “d+” rating in a research note on Friday.
Shares of ClearOne (NASDAQ CLRO) traded up $0.10 during trading on Tuesday, reaching $6.80. The company had a trading volume of 8,600 shares, compared to its average volume of 9,972. ClearOne has a 52 week low of $6.70 and a 52 week high of $12.60. The company has a market capitalization of $56.50, a price-to-earnings ratio of 223.33 and a beta of 1.36.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 22nd will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Tuesday, November 21st. ClearOne’s payout ratio is presently -20.74%.
In other ClearOne news, major shareholder Edward D. Bagley purchased 10,000 shares of ClearOne stock in a transaction dated Friday, August 18th. The shares were purchased at an average cost of $7.68 per share, for a total transaction of $76,800.00. Following the completion of the acquisition, the insider now owns 1,870,914 shares in the company, valued at approximately $14,368,619.52. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Edward D. Bagley purchased 15,000 shares of ClearOne stock in a transaction dated Thursday, August 24th. The stock was acquired at an average price of $7.65 per share, for a total transaction of $114,750.00. Following the completion of the acquisition, the insider now owns 1,900,518 shares of the company’s stock, valued at approximately $14,538,962.70. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 194,912 shares of company stock valued at $1,444,630. 9.45% of the stock is owned by corporate insiders.
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ClearOne, Inc (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses.
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