Somewhat Positive Press Coverage Somewhat Unlikely to Impact Takung Art Co (TKAT) Share Price
Headlines about Takung Art Co (NASDAQ:TKAT) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Takung Art Co earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 48.1865204311822 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, TheStreet cut Takung Art Co from a “c-” rating to a “d+” rating in a report on Wednesday, July 19th.
Shares of Takung Art Co (TKAT) opened at 2.80 on Friday. The stock has a market cap of $31.33 million and a price-to-earnings ratio of 6.15. The company has a 50-day moving average price of $3.37 and a 200 day moving average price of $6.00. Takung Art Co has a one year low of $2.80 and a one year high of $10.50.
Takung Art Co Company Profile
Takung Art Co, Ltd., formerly Cardigant Medical Inc, is a holding company. The Company, through HongKong Takung Assets and Equity of Artworks Exchange Co, Ltd. (HongKong Takung), and its subsidiaries, operates an electronic online platform located at www.takungae.com for artists, art dealers and art investors to offer and trade in artwork.
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