News stories about Tuesday Morning (NASDAQ:TUES) have been trending somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tuesday Morning earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.9545964155193 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, B. Riley set a $2.00 price objective on shares of Tuesday Morning and gave the company a “hold” rating in a research note on Friday, August 25th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $2.90.
Tuesday Morning (NASDAQ:TUES) opened at $2.50 on Tuesday. Tuesday Morning has a one year low of $1.60 and a one year high of $6.00. The company has a quick ratio of 0.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.23.
In other Tuesday Morning news, Director Sherry M. Smith acquired 13,084 shares of Tuesday Morning stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average cost of $2.75 per share, for a total transaction of $35,981.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 4.60% of the stock is currently owned by insiders.
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About Tuesday Morning
Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.
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