Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Rightside Group (NAME) Stock Price
Media headlines about Rightside Group (NASDAQ:NAME) have been trending somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rightside Group earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 46.0415847944874 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
NAME has been the subject of several analyst reports. Zacks Investment Research raised shares of Rightside Group from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Tuesday, May 16th. ValuEngine downgraded shares of Rightside Group from a “sell” rating to a “strong sell” rating in a report on Thursday, July 13th. Finally, B. Riley downgraded shares of Rightside Group from a “buy” rating to a “neutral” rating and set a $10.60 price objective for the company. in a report on Thursday, June 15th.
Rightside Group (NAME) remained flat at $10.61 on Wednesday. The company had a trading volume of 1 shares. The company’s 50-day moving average price is $10.59 and its 200-day moving average price is $9.50. Rightside Group has a one year low of $7.17 and a one year high of $12.85.
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Rightside Group Company Profile
Rightside Group, Ltd. is a provider of domain name services that enable businesses and consumers to find, establish and maintain their digital address. The Company is a registrar, offering domain name registration and other related services to resellers and domain name registrants. It provides infrastructure services through its eNom brand.
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