CSP (NASDAQ:CSPI) Getting Somewhat Positive Press Coverage, Analysis Shows

Media coverage about CSP (NASDAQ:CSPI) has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CSP earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the information technology services provider an impact score of 45.8514571897107 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Separately, ValuEngine upgraded shares of CSP from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.

Shares of CSP traded up $0.05, reaching $9.74, during mid-day trading on Monday, according to Marketbeat.com. 1,200 shares of the company were exchanged, compared to its average volume of 14,164. The stock has a market cap of $38.82 million, a PE ratio of 27.69 and a beta of 1.14. CSP has a twelve month low of $8.75 and a twelve month high of $18.89.

CSP (NASDAQ:CSPI) last posted its earnings results on Wednesday, May 9th. The information technology services provider reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $21.98 million for the quarter. CSP had a return on equity of 7.11% and a net margin of 0.21%.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 15th. Investors of record on Thursday, May 31st were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend was Wednesday, May 30th.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security and managed services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide. The company's High Performance Products segment offers computing systems for digital signal processing applications in the defense market; Ethernet adapters and solutions for various applications in the packet capture, financial transaction, and storage interconnect markets; ARC Series adapters for automated trading and network monitoring; and nVoy Series products comprising 100G Packet Broker and 10G Packet Recorder, and specialized software under the Myricom brand.

Insider Buying and Selling by Quarter for CSP (NASDAQ:CSPI)

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