News coverage about Black Box (NASDAQ:BBOX) has trended somewhat positive on Sunday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news 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. Black Box earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.2393413688985 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Black Box (BBOX) traded up $0.15 during trading hours on Friday, reaching $3.75. 420,085 shares of the company traded hands, compared to its average volume of 143,044. The company has a market capitalization of $56.77, a PE ratio of -2.62 and a beta of 0.69. Black Box has a twelve month low of $2.85 and a twelve month high of $14.55. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.97.
Black Box (NASDAQ:BBOX) last released its quarterly earnings results on Tuesday, October 31st. The technology company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.01. The business had revenue of $194.20 million for the quarter, compared to analysts’ expectations of $193.85 million. Black Box had a negative net margin of 2.69% and a negative return on equity of 2.71%. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 earnings per share.
In other news, insider Joel T. Trammell purchased 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average price of $3.95 per share, for a total transaction of $177,750.00. Following the purchase, the insider now directly owns 77,320 shares in the company, valued at approximately $305,414. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.70% of the company’s stock.
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Black Box Company Profile
Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.
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