LRAD (LRAD) Earns Daily Coverage Optimism Rating of 0.15

Media stories about LRAD (NASDAQ:LRAD) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LRAD earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the scientific and technical instruments company an impact score of 45.8409160431632 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

LRAD has been the subject of several recent analyst reports. Ascendiant Capital Markets initiated coverage on shares of LRAD in a report on Wednesday, January 17th. They issued a “buy” rating and a $3.50 price target for the company. TheStreet raised shares of LRAD from a “d+” rating to a “c” rating in a report on Thursday, January 4th.

LRAD (NASDAQ:LRAD) traded down $0.05 during trading on Thursday, hitting $2.17. 78,196 shares of the stock were exchanged, compared to its average volume of 62,311. LRAD has a fifty-two week low of $1.30 and a fifty-two week high of $2.58. The stock has a market capitalization of $69.98, a price-to-earnings ratio of -72.33 and a beta of 0.46.

LRAD (NASDAQ:LRAD) last released its earnings results on Wednesday, December 13th. The scientific and technical instruments company reported $0.01 earnings per share (EPS) for the quarter. LRAD had a negative net margin of 4.32% and a negative return on equity of 2.53%. The business had revenue of $7.50 million during the quarter.

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About LRAD

LRAD Corporation is engaged in the design, development and commercialization of directed sound technologies and products. The Company develops and delivers directed acoustic products that beam, focus and control sound over relatively short and long distances. Its long range acoustic device (LRAD) offers directional long-range acoustic hailing devices (AHDs).

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