Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Yintech Investment Holdings Limited (YIN) Stock Price
News coverage about Yintech Investment Holdings Limited (NASDAQ:YIN) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yintech Investment Holdings Limited earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.8311854206112 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
YIN has been the subject of several recent research reports. Jefferies Group LLC reissued a “buy” rating and issued a $26.50 price target on shares of Yintech Investment Holdings Limited in a research note on Tuesday, April 25th. Zacks Investment Research raised Yintech Investment Holdings Limited from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 26th.
Shares of Yintech Investment Holdings Limited (YIN) traded down 0.80% during midday trading on Thursday, reaching $9.91. The company’s stock had a trading volume of 47,588 shares. The firm has a market cap of $692.96 million, a price-to-earnings ratio of 3.84 and a beta of -0.94. The company has a 50-day moving average price of $10.00 and a 200-day moving average price of $14.32. Yintech Investment Holdings Limited has a 12 month low of $8.53 and a 12 month high of $22.97.
Yintech Investment Holdings Limited (NASDAQ:YIN) last posted its quarterly earnings results on Tuesday, May 23rd. The financial services provider reported $0.77 earnings per share for the quarter. The firm had revenue of $160.34 million during the quarter. Yintech Investment Holdings Limited had a return on equity of 43.70% and a net margin of 34.09%. Equities analysts expect that Yintech Investment Holdings Limited will post $2.63 earnings per share for the current year.
WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Yintech Investment Holdings Limited (YIN) Stock Price” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://www.thecerbatgem.com/2017/08/17/yintech-investment-holdings-limited-yin-receives-daily-news-impact-rating-of-0-25-updated.html.
About Yintech Investment Holdings Limited
Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.
Receive News & Stock Ratings for Yintech Investment Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yintech Investment Holdings Limited and related stocks with our FREE daily email newsletter.