Premier Alliance Group (RTNB) Earning Somewhat Favorable Press Coverage, Report Shows

Media stories about Premier Alliance Group (NASDAQ:RTNB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Premier Alliance Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.2512448382881 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Premier Alliance Group (RTNB) traded up 80.00% during midday trading on Friday, reaching $1.08. The company had a trading volume of 5,490,446 shares. Premier Alliance Group has a 12-month low of $0.41 and a 12-month high of $12.75. The stock’s 50 day moving average is $6.12 and its 200 day moving average is $6.84. The firm’s market capitalization is $6.59 million.

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In other Premier Alliance Group news, major shareholder Quad Capital Management Adviso purchased 4,317 shares of Premier Alliance Group stock in a transaction dated Monday, May 22nd. The shares were acquired at an average cost of $7.15 per share, with a total value of $30,866.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have bought 63,313 shares of company stock worth $483,437. Insiders own 32.32% of the company’s stock.

Premier Alliance Group Company Profile

root9B Holdings, Inc, formerly root9B Technologies, Inc, is engaged in providing cybersecurity, business advisory services principally in regulatory risk mitigation, and energy and controls solutions. The Company helps clients in various industries to provide cyber operations and solutions, mitigate risk, comply with regulations, and leverage and integrate technology.

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