Somewhat Positive Press Coverage Extremely Likely to Affect Aviat Networks (AVNW) Share Price

News headlines about Aviat Networks (NASDAQ:AVNW) have trended somewhat positive recently, according to Alpha One. Alpha One, a service of Accern, rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aviat Networks earned a daily sentiment score of 0.08 on Alpha One’s scale. Alpha One also assigned media stories about the communications equipment provider an impact score of 94 out of 100, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the near future.

Insider Buying and Selling by Quarter for Aviat Networks (NASDAQ:AVNW)

Aviat Networks (AVNW) traded up 2.20% on Friday, reaching $17.63. 31,523 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $18.69 and a 200-day moving average of $15.35. Aviat Networks has a 12-month low of $6.18 and a 12-month high of $24.14. The company’s market cap is $93.70 million.

Aviat Networks (NASDAQ:AVNW) last announced its quarterly earnings data on Wednesday, May 10th. The communications equipment provider reported ($0.07) EPS for the quarter. Aviat Networks had a negative net margin of 5.95% and a negative return on equity of 13.23%. The company had revenue of $58.70 million for the quarter. Equities analysts expect that Aviat Networks will post ($0.13) EPS for the current fiscal year.

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About Aviat Networks

Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.

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