News stories about Amber Road (NYSE:AMBR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amber Road earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 46.8021367897543 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Amber Road Inc.: Amber Road to Report Fourth Quarter and Full Year 2017 Financial Results (twst.com)
- Amber Road to Present at the Needham Growth Conference (finance.yahoo.com)
- Amber Road, Inc. (AMBR) Expected to Post Quarterly Sales of $20.51 Million (americanbankingnews.com)
- Analysts Anticipate Amber Road, Inc. (AMBR) to Announce -$0.05 EPS (americanbankingnews.com)
Amber Road (AMBR) traded down $0.07 during trading on Friday, reaching $7.43. The company’s stock had a trading volume of 53,049 shares, compared to its average volume of 69,456. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.81. Amber Road has a one year low of $6.14 and a one year high of $9.82. The firm has a market capitalization of $204.09, a price-to-earnings ratio of -13.04 and a beta of 0.77.
Amber Road (NYSE:AMBR) last issued its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.06. Amber Road had a negative return on equity of 53.22% and a negative net margin of 20.19%. The business had revenue of $20.20 million for the quarter, compared to analyst estimates of $20.36 million. During the same quarter in the prior year, the firm posted ($0.08) earnings per share. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. equities analysts forecast that Amber Road will post -0.52 EPS for the current year.
AMBR has been the topic of a number of recent analyst reports. Canaccord Genuity reduced their price objective on Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Needham & Company LLC reissued a “buy” rating and issued a $11.00 price objective on shares of Amber Road in a research note on Wednesday, November 1st. Finally, Zacks Investment Research lowered Amber Road from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $11.25.
In other news, VP Albert C. Cooke III sold 4,182 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $7.09, for a total transaction of $29,650.38. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Thomas E. Conway sold 4,843 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $6.47, for a total value of $31,334.21. The disclosure for this sale can be found here. Corporate insiders own 13.10% of the company’s stock.
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About Amber Road
Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.
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