DASAN Zhone Solutions (NASDAQ:DZSI) Receiving Somewhat Favorable Media Coverage, Report Finds

Press coverage about DASAN Zhone Solutions (NASDAQ:DZSI) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring 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 nearest to one being the most favorable. DASAN Zhone Solutions earned a news impact score of 0.11 on Accern’s scale. Accern also gave headlines about the communications equipment provider an impact score of 45.9111005863894 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of DASAN Zhone Solutions (NASDAQ DZSI) traded down 1.14% during mid-day trading on Friday, hitting $6.91. 17,884 shares of the stock were exchanged. DASAN Zhone Solutions has a 52-week low of $0.85 and a 52-week high of $7.50. The stock’s 50-day moving average price is $6.68 and its 200-day moving average price is $5.24. The company’s market cap is $113.18 million.

DASAN Zhone Solutions (NASDAQ:DZSI) last announced its quarterly earnings results on Wednesday, August 9th. The communications equipment provider reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $60.11 million during the quarter, compared to analysts’ expectations of $54.07 million. DASAN Zhone Solutions had a negative return on equity of 19.03% and a negative net margin of 7.22%. Equities research analysts anticipate that DASAN Zhone Solutions will post ($0.05) earnings per share for the current fiscal year.

Separately, Zacks Investment Research raised shares of DASAN Zhone Solutions from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a research note on Wednesday, May 24th.

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About DASAN Zhone Solutions

DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.

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