GRAVITY (GRVY) Receiving Somewhat Positive Media Coverage, Analysis Finds

Press coverage about GRAVITY (NASDAQ:GRVY) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. GRAVITY earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 43.5102581013541 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

GRAVITY (NASDAQ:GRVY) traded down $1.74 during trading hours on Monday, hitting $74.26. 26,100 shares of the stock traded hands, compared to its average volume of 38,130. The company has a market cap of $257.98, a price-to-earnings ratio of 32.86 and a beta of 0.37. GRAVITY has a 12 month low of $9.75 and a 12 month high of $83.82.

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GRAVITY Company Profile

Gravity Co, Ltd. is a developer, distributor and publisher of online games in Japan and Taiwan. The Company’s segments include online games, mobile games and other. Its principal product includes Ragnarok Online, which is a multiplayer online role playing game. It categorizes products into over three categories, such as online games; mobile games and applications, and other games and game-related products and services, including character-based merchandise and animation.

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