Media stories about Agilysys (NASDAQ:AGYS) have been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring 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. Agilysys earned a daily sentiment score of 0.34 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 47.6498686154412 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, BidaskClub raised shares of Agilysys from a “hold” rating to a “buy” rating in a report on Saturday, December 9th.
Shares of Agilysys (AGYS) traded up $0.15 on Friday, reaching $12.54. 33,946 shares of the company’s stock traded hands, compared to its average volume of 62,544. Agilysys has a one year low of $8.60 and a one year high of $12.98. The firm has a market capitalization of $290.96, a price-to-earnings ratio of -21.62 and a beta of 0.39.
In related news, CEO Ramesh Srinivasan bought 50,000 shares of the stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $11.77 per share, for a total transaction of $588,500.00. Following the completion of the transaction, the chief executive officer now owns 35,000 shares of the company’s stock, valued at approximately $411,950. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 34.70% of the company’s stock.
Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.
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