Somewhat Favorable Press Coverage Somewhat Unlikely to Impact West Marine (WMAR) Share Price
Media stories about West Marine (NASDAQ:WMAR) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. West Marine earned a news impact score of 0.24 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 45.2763109456066 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
West Marine (WMAR) traded up 0.039% during midday trading on Friday, reaching $12.965. 260,082 shares of the company traded hands. The company’s 50-day moving average price is $12.93 and its 200 day moving average price is $10.98. West Marine has a 12 month low of $7.77 and a 12 month high of $13.01. The firm has a market capitalization of $327.74 million, a PE ratio of 41.028 and a beta of 1.31.
Several equities research analysts recently issued reports on the stock. BidaskClub upgraded shares of West Marine from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Forward View upgraded shares of West Marine from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Finally, B. Riley cut shares of West Marine to a “neutral” rating and set a $12.97 price objective for the company. in a research report on Sunday, July 16th.
ILLEGAL ACTIVITY WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact West Marine (WMAR) Share Price” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/06/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-west-marine-wmar-share-price.html.
About West Marine
West Marine, Inc is a waterlife outfitter for cruisers, sailors, anglers and paddlesports enthusiasts. The Company offers a selection of core boating and water recreation products, primarily serving the needs of boat owners and professionals providing services to them. It services its customers through physical stores and two e-commerce Websites.
Receive News & Stock Ratings for West Marine Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Marine Inc. and related stocks with our FREE daily email newsletter.