Somewhat Favorable News Coverage Extremely Likely to Impact Giga-tronics (GIGA) Share Price

News headlines about Giga-tronics (NASDAQ:GIGA) have trended somewhat positive recently, Alpha One Sentiment Analysis reports. Alpha One, a service of Accern, ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Giga-tronics earned a media sentiment score of 0.20 on Alpha One’s scale. Alpha One also assigned headlines about the scientific and technical instruments company an impact score of 95 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.

Giga-tronics (GIGA) opened at 0.80 on Friday. Giga-tronics has a one year low of $0.60 and a one year high of $1.32. The stock’s market cap is $7.64 million. The stock’s 50 day moving average price is $0.82 and its 200 day moving average price is $0.81.

Separately, ValuEngine raised Giga-tronics from a “sell” rating to a “hold” rating in a report on Tuesday.

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Giga-tronics Company Profile

Giga-tronics Incorporated (Giga-tronics) includes the operations of the Giga-tronics Division and Microsource Inc (Microsource). The Company operates through two segments: Giga-tronics Division and Microsource. Giga-tronics segment designs, manufactures and markets the Advanced Signal Generator (ASG) for the electronic warfare market and switching systems that are used in automatic testing systems primarily in aerospace, defense and telecommunications.

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