Positive Media Coverage Somewhat Unlikely to Affect WebMD Health Corp. (WBMD) Share Price

Media stories about WebMD Health Corp. (NASDAQ:WBMD) have been trending positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WebMD Health Corp. earned a coverage optimism score of 0.38 on Accern’s scale. Accern also gave media headlines about the health services provider an impact score of 46.0663016569913 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

WebMD Health Corp. (NASDAQ:WBMD) traded up 0.02% during mid-day trading on Friday, reaching $66.48. The company’s stock had a trading volume of 3,214,195 shares. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 34.04 and a beta of 0.79. WebMD Health Corp. has a 12-month low of $48.10 and a 12-month high of $66.57. The firm’s 50 day moving average price is $66.35 and its 200 day moving average price is $58.11.

Several analysts recently weighed in on WBMD shares. Zacks Investment Research upgraded WebMD Health Corp. from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a report on Tuesday, July 18th. SunTrust Banks, Inc. lowered WebMD Health Corp. from a “buy” rating to a “hold” rating and increased their price target for the company from $60.00 to $66.50 in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $65.25.

COPYRIGHT VIOLATION WARNING: “Positive Media Coverage Somewhat Unlikely to Affect WebMD Health Corp. (WBMD) Share Price” was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.com-unik.info/2017/10/29/positive-media-coverage-somewhat-unlikely-to-affect-webmd-health-corp-wbmd-share-price.html.

About WebMD Health Corp.

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

Insider Buying and Selling by Quarter for WebMD Health Corp. (NASDAQ:WBMD)

What are top analysts saying about WebMD Health Corp.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for WebMD Health Corp. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit