Sentiment Report: MRV Communications Inc (NASDAQ:MRVC)

June 20, 2017 - By Clifton Ray

 Sentiment Report: MRV Communications Inc (NASDAQ:MRVC)

Sentiment for MRV Communications Inc (NASDAQ:MRVC)

MRV Communications Inc (NASDAQ:MRVC) institutional sentiment decreased to 0.46 in Q4 2016. Its down -0.81, from 1.27 in 2016Q3. The ratio fall, as 6 investment professionals opened new or increased equity positions, while 13 sold and trimmed equity positions in MRV Communications Inc. The investment professionals in our partner’s database now have: 2.76 million shares, down from 2.79 million shares in 2016Q3. Also, the number of investment professionals holding MRV Communications Inc in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 3 Reduced: 10 Increased: 5 New Position: 1.

MRV Communications, Inc. is a supplier of communications solutions to telecommunications service providers, enterprises and governments throughout the world. The company has market cap of $65.22 million. The Company’s products enable clients to provide high-bandwidth data, and video services and mobile communications services. It currently has negative earnings. The Firm operates through Network Equipment segment.

It closed at $9.45 lastly. It is down 13.02% since June 20, 2016 and is downtrending. It has underperformed by 29.72% the S&P500.

Investors wait MRV Communications, Inc. (NASDAQ:MRVC) to report on August, 3. its quarterly earnings Wall Street analysts expect $-0.03 earnings per share, up $0.21 or 87.50 % from last year’s $-0.24 same quarter earnings. MRV Communications, Inc.’s Wall Street analysts see -78.57 % EPS growth, taking into account the $-0.14 EPS reproted in the previous quarter,

Raging Capital Management Llc holds 1.3% of its portfolio in MRV Communications, Inc. for 2.14 million shares. Cadence Capital Management Llc owns 71,846 shares or 0.04% of their US portfolio. Moreover, Spark Investment Management Llc has 0.03% invested in the company for 37,900 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 15,446 shares.#img1#

More recent MRV Communications, Inc. (NASDAQ:MRVC) news were published by: Prnewswire.com which released: “MRV Enables Standards-based SDN Integration for its Pro-VisionĀ® Lifecycle …” on March 08, 2017. Also Seekingalpha.com published the news titled: “MRV Communications’ (MRVC) CEO Mark Bonney on Q4 2016 Results – Earnings Call …” on March 10, 2017. Businesswire.com‘s news article titled: “MRV Communications, Inc. Agrees to Sell Source Photonics, Inc. Business Unit …” with publication date: October 27, 2010 was also an interesting one.

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