ConvergeOne (CVON) Receives Daily Media Sentiment Rating of 0.01

News stories about ConvergeOne (NASDAQ:CVON) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ConvergeOne earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3391391412274 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

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Several brokerages have commented on CVON. BTIG Research began coverage on shares of ConvergeOne in a report on Wednesday. They issued a “buy” rating and a $12.00 price objective for the company. William Blair began coverage on shares of ConvergeOne in a report on Monday, March 19th. They issued an “outperform” rating for the company. Finally, Needham & Company LLC began coverage on shares of ConvergeOne in a report on Monday, March 19th. They issued a “buy” rating and a $12.00 price objective for the company.

ConvergeOne stock opened at $8.64 on Friday. ConvergeOne has a 1-year low of $7.95 and a 1-year high of $10.83.

In other ConvergeOne news, Director Richard Katzman bought 125,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was purchased at an average cost of $8.00 per share, for a total transaction of $1,000,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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About ConvergeOne

Forum Merger Corporation is a blank check company. The Company focuses on acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, recapitalization, exchangeable share transaction or other similar business transaction, one or more businesses or assets that it has not yet identified.

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