News stories about ShoreTel (NASDAQ:SHOR) have been trending positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ShoreTel earned a daily sentiment score of 0.35 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 45.0399195905124 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of ShoreTel (NASDAQ SHOR) traded up $0.03 on Tuesday, reaching $7.50. The company had a trading volume of 1,468,200 shares, compared to its average volume of 831,761. ShoreTel has a 52 week low of $5.55 and a 52 week high of $8.41. The stock has a market cap of $518.65 and a price-to-earnings ratio of -41.67.
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ShoreTel, Inc is a provider of business communication solutions. The Company is engaged in the design, development, marketing and sale of business communication solutions. The Company is focused on the small and medium sized businesses seeking a unified communications (UC) solution allowing them to communicate anytime, anyplace and through any device they chose.
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