Somewhat Favorable Press Coverage Somewhat Unlikely to Impact RLJ Entertainment (NASDAQ:RLJE) Stock Price

Headlines about RLJ Entertainment (NASDAQ:RLJE) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RLJ Entertainment earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.9177866111601 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of RLJ Entertainment (RLJE) traded up 0.64% on Friday, hitting $2.98. 13,899 shares of the company traded hands. RLJ Entertainment has a 12 month low of $1.09 and a 12 month high of $4.61. The company’s market capitalization is $38.51 million. The stock’s 50-day moving average price is $3.71 and its 200-day moving average price is $2.81.

RLJ Entertainment (NASDAQ:RLJE) last released its quarterly earnings results on Thursday, August 10th. The company reported ($0.24) EPS for the quarter. The company had revenue of $18.83 million for the quarter. On average, equities analysts predict that RLJ Entertainment will post ($1.85) earnings per share for the current year.

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RLJ Entertainment Company Profile

RLJ Entertainment, Inc (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.

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