News articles about Evolving Systems (NASDAQ:EVOL) have trended positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Evolving Systems earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the near term.
Evolving Systems (NASDAQ EVOL) traded down 1.92% on Monday, hitting $5.10. 6,923 shares of the stock were exchanged. The company has a 50-day moving average price of $5.20 and a 200-day moving average price of $4.71. Evolving Systems has a 52-week low of $3.10 and a 52-week high of $5.70. The firm has a market cap of $63.62 million, a PE ratio of 15.45 and a beta of 0.33.
About Evolving Systems
Evolving Systems, Inc is a provider of software solutions for service enablement, on-device activation and management of services for connected devices for network operators. The Company operates in two segments: license fees and services revenue, and customer support revenue. Its service activation solution, Tertio is used to activate voice, video and data services for wireless, wireline and cable network operators.
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