GRAVITY Co. (NASDAQ:GRVY) Earning Favorable Media Coverage, Report Finds
News headlines about GRAVITY Co. (NASDAQ:GRVY) have been trending positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. GRAVITY Co. earned a daily sentiment score of 0.28 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Separately, TheStreet upgraded shares of GRAVITY Co. from a “d” rating to a “c+” rating in a report on Tuesday, May 23rd.
Shares of GRAVITY Co. (GRVY) traded up 1.51% during trading on Tuesday, hitting $15.48. 17,471 shares of the stock traded hands. The firm has a market cap of $53.78 million and a price-to-earnings ratio of 14.74. The company has a 50 day moving average price of $17.52 and a 200 day moving average price of $19.50. GRAVITY Co. has a 12 month low of $3.95 and a 12 month high of $39.00.
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GRAVITY Co. Company Profile
Gravity Co, Ltd. is a developer, distributor and publisher of online games in Japan and Taiwan. The Company’s segments include online games, mobile games and other. Its principal product includes Ragnarok Online, which is a multiplayer online role playing game. It categorizes products into over three categories, such as online games; mobile games and applications, and other games and game-related products and services, including character-based merchandise and animation.
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