Liberty Media Corporation (LSXMK) Receiving Somewhat Favorable News Coverage, Study Finds
News coverage about Liberty Media Corporation (NASDAQ:LSXMK) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Liberty Media Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.555325497921 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Liberty Media Corporation (LSXMK) opened at 42.03 on Monday. The firm has a market cap of $14.12 billion, a price-to-earnings ratio of 30.55 and a beta of 2.52. The company’s 50-day moving average is $42.73 and its 200 day moving average is $39.76. Liberty Media Corporation has a 12 month low of $31.34 and a 12 month high of $46.24.
Several equities analysts recently commented on LSXMK shares. TheStreet raised shares of Liberty Media Corporation from a “d” rating to a “c” rating in a research report on Friday, July 7th. Zacks Investment Research lowered shares of Liberty Media Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st.
In related news, major shareholder Berkshire Hathaway Inc purchased 644,172 shares of Liberty Media Corporation stock in a transaction dated Wednesday, May 31st. The stock was acquired at an average cost of $41.53 per share, with a total value of $26,752,463.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Liberty Media Corporation Company Profile
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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