News stories about Amber Road (NYSE:AMBR) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Amber Road earned a news impact score of 0.12 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 46.0623890063655 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern’s analysis:
- Magic Software Enterprises (MGIC) and Amber Road (AMBR) Head-To-Head Analysis (americanbankingnews.com)
- Contrasting Progress Software (PRGS) and Amber Road (AMBR) (americanbankingnews.com)
- Head-To-Head Analysis: Concur Technologies (CNQR) vs. Amber Road (AMBR) (americanbankingnews.com)
- Brokerages Expect Amber Road, Inc. (AMBR) Will Announce Quarterly Sales of $20.51 Million (americanbankingnews.com)
Amber Road (AMBR) opened at $7.41 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road has a 52 week low of $6.14 and a 52 week high of $9.82. The firm has a market capitalization of $200.83, a price-to-earnings ratio of -13.00 and a beta of 0.77.
Amber Road (NYSE:AMBR) last issued its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.06. Amber Road had a negative return on equity of 53.22% and a negative net margin of 20.19%. The business had revenue of $20.20 million for the quarter, compared to analysts’ expectations of $20.36 million. During the same period last year, the business earned ($0.08) EPS. The business’s revenue was up 6.9% on a year-over-year basis. equities research analysts anticipate that Amber Road will post -0.52 earnings per share for the current year.
AMBR has been the topic of a number of recent research reports. Canaccord Genuity cut their target price on Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. Needham & Company LLC reiterated a “buy” rating and issued a $11.00 target price on shares of Amber Road in a report on Wednesday, November 1st. Finally, Zacks Investment Research cut Amber Road from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.25.
In related news, VP Albert C. Cooke III sold 4,182 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $7.09, for a total value of $29,650.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Thomas E. Conway sold 4,843 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $6.47, for a total value of $31,334.21. The disclosure for this sale can be found here. 13.10% of the stock is currently owned by company insiders.
Amber Road Company Profile
Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.
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