Media stories about CAS Medical Systems (NASDAQ:CASM) have been trending positive on Friday, according to AlphaOne Sentiment Analysis. The research group, a service of Accern, ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CAS Medical Systems earned a news impact score of 0.36 on AlphaOne’s scale. AlphaOne also gave media coverage about the medical technology company an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the company’s share price in the immediate future.
CAS Medical Systems (CASM) traded down 4.67% during midday trading on Friday, reaching $1.02. The company’s stock had a trading volume of 69,327 shares. The firm has a 50 day moving average price of $1.03 and a 200-day moving average price of $1.40. The firm’s market cap is $27.88 million. CAS Medical Systems has a 52 week low of $0.80 and a 52 week high of $1.99.
CAS Medical Systems (NASDAQ:CASM) last announced its earnings results on Wednesday, May 3rd. The medical technology company reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by $0.02. The firm had revenue of $5.23 million for the quarter, compared to the consensus estimate of $5.73 million. On average, analysts forecast that CAS Medical Systems will post ($0.27) earnings per share for the current fiscal year.
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CAS Medical Systems Company Profile
CAS Medical Systems, Inc is a medical technology company that develops, manufactures and markets non-invasive patient monitoring products for patient care. The Company designs, manufactures and distributes the FORE-SIGHT and FORE-SIGHT ELITE brand tissue oximeters and sensors. It also sells various legacy products called Traditional Monitoring, which includes non-invasive blood pressure measurement technologies, neonatal medical disposables and service sales.
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