Somewhat Favorable Press Coverage Somewhat Unlikely to Affect LINE Corporation (LN) Share Price
News headlines about LINE Corporation (NYSE:LN) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LINE Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.8718433627019 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Financial Survey: LINE Corporation (LN) vs. Sina Corporation (SINA) (americanbankingnews.com)
- Jack Johns, son of Matty, in line to make international rugby league debut for Italy (dailytelegraph.com.au)
- A year later, Budd Lake residents still awaiting new water line (newjerseyhills.com)
- The Incoming MBTA GM’s Former Company May Face Bankruptcy (wbur.org)
Shares of LINE Corporation (LN) traded up 0.03% on Friday, hitting $35.16. 38,961 shares of the stock were exchanged. The firm has a market capitalization of $7.75 billion and a PE ratio of 63.01. The company has a 50-day moving average price of $35.18 and a 200-day moving average price of $35.20. LINE Corporation has a one year low of $30.90 and a one year high of $51.48.
LN has been the subject of a number of research analyst reports. Instinet raised shares of LINE Corporation from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 31st. Zacks Investment Research raised shares of LINE Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Nomura raised shares of LINE Corporation from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 31st. ValuEngine lowered shares of LINE Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of LINE Corporation in a research report on Saturday, April 29th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. LINE Corporation presently has an average rating of “Hold”.
LINE Corporation Company Profile
LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.
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