FreeSeas (FREE) Receiving Somewhat Favorable News Coverage, Study Shows
Headlines about FreeSeas (NASDAQ:FREE) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FreeSeas earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 47.4088968699182 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of FreeSeas (FREE) opened at 1.15 on Thursday. FreeSeas has a 12-month low of $1.08 and a 12-month high of $166,051.09. The company has a 50-day moving average of $3.44 and a 200-day moving average of $289.29.
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FreeSeas Company Profile
FreeSeas Inc is an international dry bulk shipping company. The Company owns approximately two Handysize dry bulk carriers and operates over four Handysize dry bulk carriers. The Company’s vessels carry a range of drybulk commodities, including iron ore, grain and coal, which are referred to as major bulks, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar and rice, or minor bulks.
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