Wednesday, May 30, 2018

Wayside Technology Group (WSTG) Earns Coverage Optimism Rating of 0.12

News articles about Wayside Technology Group (NASDAQ:WSTG) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wayside Technology Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.9828653623855 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Wayside Technology Group traded up $0.03, reaching $13.75, during midday trading on Tuesday, according to Marketbeat.com. 999 shares of the company were exchanged, compared to its average volume of 7,110. Wayside Technology Group has a 1-year low of $12.60 and a 1-year high of $20.60. The stock has a market cap of $61.82 million, a PE ratio of 10.16 and a beta of 0.23.

Get Wayside Technology Group alerts:

Wayside Technology Group (NASDAQ:WSTG) last announced its quarterly earnings results on Thursday, May 3rd. The company reported $0.36 earnings per share (EPS) for the quarter. Wayside Technology Group had a net margin of 1.42% and a return on equity of 15.44%. The firm had revenue of $40.55 million during the quarter.

The business also recently declared a quarterly dividend, which was paid on Monday, May 21st. Shareholders of record on Monday, May 14th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend was Friday, May 11th.

In other Wayside Technology Group news, CEO Simon F. Nynens sold 6,500 shares of the firm’s stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $14.26, for a total value of $92,690.00. Following the completion of the sale, the chief executive officer now directly owns 274,296 shares in the company, valued at $3,911,460.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 12.90% of the company’s stock.

About Wayside Technology Group

Wayside Technology Group, Inc operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions.

No comments:

Post a Comment