Somewhat Favorable Press Coverage Somewhat Unlikely to Affect New Media Investment Group (NEWM) Stock Price
News headlines about New Media Investment Group (NYSE:NEWM) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks 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 negative one to one, with scores nearest to one being the most favorable. New Media Investment Group earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.5639390711347 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, BidaskClub cut New Media Investment Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 25th.
Shares of New Media Investment Group (NYSE NEWM) opened at $17.12 on Thursday. New Media Investment Group has a 52 week low of $11.87 and a 52 week high of $17.23. The stock has a market capitalization of $904.21, a PE ratio of 47.11 and a beta of 1.31. The company has a quick ratio of 1.74, a current ratio of 1.84 and a debt-to-equity ratio of 0.53.
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About New Media Investment Group
New Media Investment Group Inc is a holding company. The Company owns, operates and invests in local media assets. The Company’s segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets.
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