Headlines about CUI Global (NASDAQ:CUI) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CUI Global earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 44.9968912692384 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of CUI Global (NASDAQ:CUI) traded down $0.11 during midday trading on Thursday, hitting $2.75. The stock had a trading volume of 145,800 shares, compared to its average volume of 110,100. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.72 and a current ratio of 1.39. CUI Global has a 12-month low of $2.44 and a 12-month high of $6.90. The stock has a market capitalization of $81.24, a P/E ratio of -5.98 and a beta of 0.30.
A number of equities research analysts recently commented on CUI shares. Zacks Investment Research downgraded CUI Global from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. ValuEngine upgraded CUI Global from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, HC Wainwright set a $12.00 price objective on CUI Global and gave the company a “buy” rating in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. CUI Global presently has an average rating of “Hold” and a consensus price target of $10.00.
In other news, CFO Daniel Ned Ford acquired 12,500 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The shares were bought at an average price of $2.80 per share, with a total value of $35,000.00. Following the completion of the purchase, the chief financial officer now directly owns 49,554 shares in the company, valued at $138,751.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders purchased 25,000 shares of company stock worth $68,600. 5.23% of the stock is owned by insiders.
About CUI Global
CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).
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