Alibaba Group (BABA) Receiving Positive Media Coverage, Study Shows
Media coverage about Alibaba Group (NYSE:BABA) has trended positive recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alibaba Group earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 46.2464185237179 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s scoring:
- How is KanKan Partnered With Both Alibaba and Tencent? (finance.yahoo.com)
- Alibaba Group (BABA) Receives “Buy” Rating from MKM Partners (americanbankingnews.com)
- Alibaba Video Arm Signs Deals With NBCUniversal, Sony Pictures … – Bloomberg (bloomberg.com)
- Alibaba Group Holding Ltd (BABA) Inks Streaming Deals With NBCUniversal, Sony Pictures – StockNews.com (blog) (stocknews.com)
- Hong Kong Loosens Rules to Attract Big IPOs – Wall Street Journal (wsj.com)
Shares of Alibaba Group (NYSE:BABA) traded up $1.80 during midday trading on Friday, reaching $173.55. The company’s stock had a trading volume of 41,356,671 shares, compared to its average volume of 21,300,000. The stock has a market cap of $444,490.00, a P/E ratio of 50.45, a price-to-earnings-growth ratio of 1.31 and a beta of 2.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.71 and a quick ratio of 1.71. Alibaba Group has a 12 month low of $86.01 and a 12 month high of $191.75.
ILLEGAL ACTIVITY WARNING: This news story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/17/alibaba-group-baba-receiving-positive-media-coverage-study-shows.html.
About Alibaba Group
Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.
Receive News & Stock Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related stocks with our FREE daily email newsletter.