Favorable Press Coverage Very Unlikely to Impact CIBER (CBR) Stock Price
News coverage about CIBER (NYSE:CBR) has trended positive recently, AlphaOne reports. AlphaOne, a subsidiary of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CIBER earned a media sentiment score of 0.40 on AlphaOne’s scale. AlphaOne also gave news stories about the information technology services provider an impact score of 25 out of 100, meaning that recent media coverage is very unlikely to have an impact on the stock’s share price in the next few days.
Shares of CIBER (NYSE:CBR) remained flat at $0.31 during midday trading on Wednesday. CIBER has a one year low of $0.22 and a one year high of $2.36. The firm’s 50 day moving average price is $0.37 and its 200-day moving average price is $0.67.
Several brokerages have recently weighed in on CBR. Zacks Investment Research upgraded CIBER from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 10th. Maxim Group downgraded CIBER from a “buy” rating to a “sell” rating in a report on Monday, April 10th.
In other CIBER news, Director Legion Partners Asset Manageme acquired 2,428,705 shares of the firm’s stock in a transaction that occurred on Tuesday, February 7th. The shares were purchased at an average cost of $0.31 per share, for a total transaction of $752,898.55. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 9.20% of the company’s stock.
CIBER Company Profile
Ciber, Inc (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment primarily consists of countries in Western Europe and the Nordic region. Its North America segment is organized into service offerings, which include Independent Software Vendor Relationships (ISV)/Channel Partner Platforms, Managed Services, Business Consulting, Application Development and Management (ADM)/Staffing, and Software-as-a-Service (SaaS).
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