Somewhat Favorable Press Coverage Likely to Affect Atmel (ATML) Stock Price
News coverage about Atmel (NASDAQ:ATML) has been trending somewhat positive recently, according to Alpha One Sentiment Analysis. The research group, a unit of Accern, identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Atmel earned a news impact score of 0.18 on Alpha One’s scale. Alpha One also assigned media coverage about the semiconductor company an impact score of 67 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the near future.
Shares of Atmel (NASDAQ:ATML) remained flat at $8.14 during mid-day trading on Wednesday. The stock has a 50-day moving average price of $8.10 and a 200 day moving average price of $8.21. Atmel has a 1-year low of $5.84 and a 1-year high of $10.50.
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Atmel Company Profile
Atmel Corporation supplies microcontrollers. The Company operates through four segments: Microcontroller, Nonvolatile Memory, Automotive and Multi-Market and Other. The Microcontroller segment includes its microcontroller and microprocessor families; AVR 8-bit and 32-bit products; Atmel SMART ARM-based products; designated commercial wireless products, including low power radio and System-on-a-chip products; optimized products for smart energy, touch button, and mobile sensor hub and Light Emitting Diode (LED) lighting applications, and maXTouch capacitive touch product families.
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