Silicon Graphics International (SGI) Earning Somewhat Positive Press Coverage, Analysis Finds

News stories about Silicon Graphics International (NASDAQ:SGI) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media 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 one, with scores nearest to one being the most favorable. Silicon Graphics International earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.3797459883744 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Silicon Graphics International (SGI) remained flat at $$7.75 during trading hours on Thursday. 209,300 shares of the company were exchanged, compared to its average volume of 583,730. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.58 and a quick ratio of 1.24. Silicon Graphics International has a 12-month low of $4.33 and a 12-month high of $7.79.

Several equities research analysts have issued reports on SGI shares. Pi Financial raised their price objective on shares of Silicon Graphics International from $2.60 to $2.70 and gave the stock a “buy” rating in a research report on Thursday, November 23rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $1.60 target price on shares of Silicon Graphics International in a report on Thursday, September 7th.

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Silicon Graphics International Company Profile

Silicon Graphics International Corp. (SGI) is engaged in providing solutions for compute, data analytics and data management. The Company develops, markets and sells a line of mid-range and high-end scale-out and scale-up servers, enterprise-class storage, differentiating software and designed-to-order solutions for data center deployments.

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