News stories about Montage Technology Group (NASDAQ:MONT) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Montage Technology Group earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.3128134483006 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
In related news, insider William Pincus purchased 83,333 shares of Montage Technology Group stock in a transaction dated Friday, November 24th. The shares were acquired at an average price of $0.45 per share, for a total transaction of $37,499.85.
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About Montage Technology Group
Montage Technology Group Limited is a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets. Its analog and radio frequency solutions, digital signal processors and high speed interfaces serves as the foundation for its technology platform.
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