Richardson Electronics (RELL) Getting Somewhat Positive Press Coverage, Report Finds

Media stories about Richardson Electronics (NASDAQ:RELL) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Richardson Electronics earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.851949478088 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Richardson Electronics (NASDAQ RELL) traded up $0.06 during trading hours on Thursday, hitting $6.75. The company had a trading volume of 9,800 shares, compared to its average volume of 9,500. Richardson Electronics has a fifty-two week low of $5.31 and a fifty-two week high of $6.88. The firm has a market cap of $86.22, a price-to-earnings ratio of -20.45 and a beta of 0.74.

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About Richardson Electronics

Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.

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