500.com Limited (WBAI) Earns News Impact Score of 0.11
Media stories about 500.com Limited (NYSE:WBAI) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog 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. 500.com Limited earned a news impact score of 0.11 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.3905915134761 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of 500.com Limited (NYSE:WBAI) traded down 0.20% on Friday, reaching $9.99. The company had a trading volume of 110,174 shares. The firm’s market capitalization is $407.26 million. The stock’s 50 day moving average is $10.84 and its 200 day moving average is $11.49. 500.com Limited has a 52 week low of $8.12 and a 52 week high of $19.98.
A number of equities research analysts have recently weighed in on the company. BidaskClub lowered 500.com Limited from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. ValuEngine raised 500.com Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd.
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About 500.com Limited
500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers.
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