Media coverage about Westell Technologies (NASDAQ:WSTL) has trended somewhat negative recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westell Technologies earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 45.0091899549729 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Westell Technologies (WSTL) traded down $0.04 during trading hours on Tuesday, hitting $3.50. The company had a trading volume of 18,322 shares, compared to its average volume of 51,744. Westell Technologies has a 12-month low of $2.32 and a 12-month high of $4.60. The firm has a market capitalization of $55.85, a PE ratio of 174.50 and a beta of 1.55.
Westell Technologies (NASDAQ:WSTL) last posted its quarterly earnings results on Wednesday, February 7th. The communications equipment provider reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Westell Technologies had a return on equity of 7.42% and a net margin of 0.62%. The firm had revenue of $13.68 million during the quarter, compared to analysts’ expectations of $15.04 million. research analysts anticipate that Westell Technologies will post 0.3 earnings per share for the current fiscal year.
Several research firms have recently weighed in on WSTL. Zacks Investment Research upgraded Westell Technologies from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research report on Wednesday, February 14th. TheStreet upgraded Westell Technologies from a “d+” rating to a “c-” rating in a research report on Friday, December 15th. Finally, ValuEngine upgraded Westell Technologies from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd.
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Westell Technologies Company Profile
Westell Technologies, Inc is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Company’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG).
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