Somewhat Favorable News Coverage Somewhat Unlikely to Affect Mobileye NV (MBLY) Stock Price
Media headlines about Mobileye NV (NYSE:MBLY) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mobileye NV earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 45.5979735385614 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Mobileye NV (NYSE:MBLY) opened at 62.67 on Wednesday. Mobileye NV has a 12-month low of $33.69 and a 12-month high of $63.56. The stock’s 50 day moving average price is $63.15 and its 200 day moving average price is $61.19. The company has a market cap of $13.91 billion, a P/E ratio of 122.88 and a beta of 0.90.
MBLY has been the topic of a number of recent analyst reports. BidaskClub lowered Mobileye NV from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Jefferies Group LLC reissued a “hold” rating and set a $63.54 target price on shares of Mobileye NV in a research report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and two have issued a buy rating to the company’s stock. Mobileye NV has an average rating of “Hold” and an average target price of $55.30.
Mobileye NV Company Profile
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.
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