Somewhat Positive News Coverage Somewhat Unlikely to Impact Sogou (SOGO) Share Price
Media coverage about Sogou (NYSE:SOGO) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sogou earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.3924247668524 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Sogou (NYSE:SOGO) traded up $0.10 during trading on Friday, reaching $11.19. 532,817 shares of the company’s stock were exchanged, compared to its average volume of 1,936,601. Sogou has a fifty-two week low of $10.85 and a fifty-two week high of $14.70.
SOGO has been the subject of a number of recent research reports. Credit Suisse Group initiated coverage on shares of Sogou in a report on Monday, December 4th. They issued an “outperform” rating and a $16.30 target price for the company. J P Morgan Chase & Co initiated coverage on shares of Sogou in a report on Thursday, December 7th. They issued an “overweight” rating and a $17.00 target price for the company.
Sogou Inc is a search and Internet company. The Company’s Sogou Search is a search engine in China. Its cross-language search service enables users to discover English content on the Internet by querying in Chinese and reading content that it has translated into Chinese. The Company’s products and services include Sogu Search, Sogou Input Method and other products.
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