Press coverage about Lantronix (NASDAQ:LTRX) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lantronix earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 44.8694249948185 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Lantronix (NASDAQ LTRX) remained flat at $$1.94 during midday trading on Wednesday. 31,100 shares of the company traded hands, compared to its average volume of 122,958. Lantronix has a fifty-two week low of $1.46 and a fifty-two week high of $4.09. The firm has a market cap of $34.87, a PE ratio of 97.00 and a beta of -0.20.
Lantronix (NASDAQ:LTRX) last posted its quarterly earnings data on Thursday, October 26th. The technology company reported $0.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Lantronix had a negative net margin of 1.83% and a positive return on equity of 2.39%. The business had revenue of $10.61 million during the quarter.
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Lantronix, Inc is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks.
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