Sonic Foundry (SOFO) Upgraded to Hold at ValuEngine
Sonic Foundry (NASDAQ:SOFO) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Friday.
Sonic Foundry (NASDAQ SOFO) traded down $0.08 during trading on Friday, reaching $2.99. The company had a trading volume of 12,172 shares, compared to its average volume of 3,916. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.74 and a quick ratio of 0.68. Sonic Foundry has a 12 month low of $2.74 and a 12 month high of $5.35.
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About Sonic Foundry
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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