Somewhat Positive News Coverage Somewhat Unlikely to Affect New Media Investment Group (NEWM) Stock Price
Press coverage about New Media Investment Group (NYSE:NEWM) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news 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. New Media Investment Group earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.1725330306812 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Empire gets new publisher (juneauempire.com)
- New Media Investment Group announces investment (qconline.com)
- BRIEF-New Media Announces Investment In TapOnIt (reuters.com)
- New Media Announces Investment in TapOnIt, a Mobile Database Development Company (finance.yahoo.com)
- New Media Investment Group (NEWM) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
NEWM has been the subject of several research reports. Zacks Investment Research upgraded shares of New Media Investment Group from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Wednesday, January 3rd. BidaskClub cut shares of New Media Investment Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 25th.
New Media Investment Group Company Profile
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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