Favorable News Coverage Somewhat Unlikely to Impact PC Tel (PCTI) Stock Price

Media coverage about PC Tel (NASDAQ:PCTI) has trended positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PC Tel earned a news sentiment score of 0.32 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 45.480513956418 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Separately, B. Riley restated a “buy” rating and issued a $8.50 target price on shares of PC Tel in a research note on Thursday, November 9th.

Shares of PC Tel (PCTI) opened at $7.09 on Friday. PC Tel has a 1-year low of $5.36 and a 1-year high of $8.48. The stock has a market cap of $125.68, a price-to-earnings ratio of -24.45 and a beta of 0.60.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 8th were issued a dividend of $0.055 per share. The ex-dividend date was Wednesday, February 7th. This represents a $0.22 dividend on an annualized basis and a yield of 3.10%. PC Tel’s payout ratio is -75.86%.

In other PC Tel news, Director Brian J. Jackman sold 10,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $7.21, for a total transaction of $72,100.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 10.46% of the company’s stock.

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About PC Tel

PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.

Insider Buying and Selling by Quarter for PC Tel (NASDAQ:PCTI)

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