Somewhat Positive News Coverage Somewhat Unlikely to Impact Spok (SPOK) Stock Price

News stories about Spok (NASDAQ:SPOK) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spok earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news articles about the Wireless communications provider an impact score of 46.0015198315013 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Spok traded up $0.15, hitting $15.60, on Friday, Marketbeat Ratings reports. 77,900 shares of the stock were exchanged, compared to its average volume of 113,167. The stock has a market capitalization of $301.10 million, a P/E ratio of 35.23 and a beta of 0.56. Spok has a fifty-two week low of $13.75 and a fifty-two week high of $18.85.

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Spok (NASDAQ:SPOK) last released its earnings results on Wednesday, April 25th. The Wireless communications provider reported $0.03 earnings per share (EPS) for the quarter. Spok had a positive return on equity of 2.84% and a negative net margin of 9.05%. The business had revenue of $43.11 million for the quarter.

The business also recently announced a quarterly dividend, which was paid on Friday, June 22nd. Investors of record on Friday, May 25th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, May 24th. This represents a $0.50 annualized dividend and a yield of 3.21%.

Several research firms have recently weighed in on SPOK. BidaskClub cut Spok from a “sell” rating to a “strong sell” rating in a research report on Friday, June 15th. ValuEngine cut Spok from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd.

In related news, CEO Vincent D. Kelly sold 10,000 shares of the company’s stock in a transaction dated Monday, June 4th. The stock was sold at an average price of $15.38, for a total transaction of $153,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Vincent D. Kelly sold 5,000 shares of the company’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $15.39, for a total value of $76,950.00. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.