Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Magal Security Systems (MAGS) Share Price

Headlines about Magal Security Systems (NASDAQ:MAGS) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Magal Security Systems earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 47.4557477906711 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern’s analysis:

Magal Security Systems (NASDAQ MAGS) opened at $4.63 on Monday. Magal Security Systems has a 1 year low of $4.13 and a 1 year high of $8.00.

Magal Security Systems (NASDAQ:MAGS) last released its quarterly earnings data on Thursday, August 31st. The industrial products company reported ($0.14) earnings per share for the quarter. Magal Security Systems had a negative return on equity of 5.30% and a negative net margin of 7.05%. The business had revenue of $13.25 million for the quarter.

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About Magal Security Systems

Magal Security Systems Ltd. is an international provider of products and solutions for security, safety and site management. The Company’s solutions are integrated and managed by modular command and control software, supported by systems for real-time decision support. It operates through three segments: Perimeter Products, Turnkey Projects and Cyber Security.

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