Xunlei Limited (XNET) Earns News Impact Rating of 0.12
Headlines about Xunlei Limited (NASDAQ:XNET) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xunlei Limited earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 46.5583532711133 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts recently commented on the company. ValuEngine upgraded Xunlei Limited from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub upgraded Xunlei Limited from a “sell” rating to a “hold” rating in a report on Thursday, August 17th.
Shares of Xunlei Limited (XNET) opened at 4.70 on Wednesday. The stock’s market capitalization is $312.15 million. Xunlei Limited has a one year low of $3.11 and a one year high of $5.52. The company’s 50 day moving average price is $3.94 and its 200 day moving average price is $3.68.
Xunlei Limited (NASDAQ:XNET) last announced its quarterly earnings results on Wednesday, August 16th. The software maker reported ($0.15) earnings per share for the quarter. Xunlei Limited had a negative return on equity of 7.62% and a negative net margin of 19.18%. The company had revenue of $41.52 million during the quarter. On average, equities analysts expect that Xunlei Limited will post $0.35 earnings per share for the current year.
About Xunlei Limited
Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.
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