Sonic Foundry (SOFO) Earning Somewhat Favorable Media Coverage, Report Shows

Media coverage about Sonic Foundry (NASDAQ:SOFO) has been trending somewhat positive on Wednesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog 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. Sonic Foundry earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 46.6132514235165 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Sonic Foundry (NASDAQ:SOFO) traded up $0.04 on Wednesday, hitting $2.67. 1,300 shares of the stock were exchanged, compared to its average volume of 10,183. The company has a market cap of $12.13, a price-to-earnings ratio of -2.70 and a beta of -0.65. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 0.12. Sonic Foundry has a 1 year low of $2.05 and a 1 year high of $5.35.

Separately, ValuEngine upgraded shares of Sonic Foundry from a “sell” rating to a “hold” rating in a research report on Friday, December 1st.

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Sonic Foundry Company Profile

Sonic Foundry, Inc is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes.

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