Resources Connection (RECN) Receives Daily Media Sentiment Score of 0.10
News stories about Resources Connection (NASDAQ:RECN) have trended somewhat positive on Sunday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Resources Connection earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 41 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- ETFs with exposure to Resources Connection, Inc. : July 14, 2017 (finance.yahoo.com)
- Resources Connection, Inc. (NASDAQ:RECN) Scheduled to Post Earnings on Thursday (americanbankingnews.com)
- Canada Pension Plan Investment Board and Vermilion Energy Inc. Announce Strategic Partnership in Corrib (kswo.com)
- NQ Exploration Inc. Announces Reverse Take-Over, “Spin-Out” of Quebec Mining Assets in New Company and Proposed Carheil JV (marketwatch.com)
- Roulette genting casino – Where to place chips on a roulette table (channelbuzz.ca)
Resources Connection (NASDAQ:RECN) traded up 0.71% during trading on Friday, reaching $14.15. The company had a trading volume of 114,199 shares. The stock has a 50 day moving average of $13.21 and a 200-day moving average of $15.61. Resources Connection has a 12 month low of $12.41 and a 12 month high of $19.80. The company has a market capitalization of $419.60 million, a P/E ratio of 22.11 and a beta of 1.21.
Several research firms recently commented on RECN. Zacks Investment Research lowered Resources Connection from a “hold” rating to a “sell” rating in a research report on Saturday, April 8th. TheStreet lowered Resources Connection from a “b-” rating to a “c+” rating in a research report on Friday, May 26th. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Resources Connection presently has an average rating of “Hold” and an average price target of $15.50.
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About Resources Connection
Resources Connection, Inc is a multinational consulting firm. The Company’s operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory.
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