Identiv (INVE) Getting Somewhat Positive Media Coverage, Study Finds

Media stories about Identiv (NASDAQ:INVE) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of 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 one, with scores nearest to one being the most favorable. Identiv earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.0776217604889 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of equities analysts have issued reports on INVE shares. Zacks Investment Research cut Identiv from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th. ValuEngine cut Identiv from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Finally, Northland Securities set a $10.00 target price on Identiv and gave the stock a “buy” rating in a report on Monday, August 7th.

Shares of Identiv (INVE) traded up $0.07 on Tuesday, hitting $3.07. The company had a trading volume of 35,100 shares, compared to its average volume of 66,037. Identiv has a 12 month low of $2.41 and a 12 month high of $7.81. The company has a current ratio of 1.80, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22.

In other news, Director Gary Kremen bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The shares were bought at an average cost of $4.37 per share, for a total transaction of $43,700.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 12.30% of the stock is owned by company insiders.

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Identiv Company Profile

Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.

Insider Buying and Selling by Quarter for Identiv (NASDAQ:INVE)

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