Xunlei (XNET) Receives Daily Coverage Optimism Rating of 0.04

Press coverage about Xunlei (NASDAQ:XNET) has been trending somewhat positive on Thursday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xunlei earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 45.0170494255043 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

A number of analysts have recently issued reports on the stock. BidaskClub cut shares of Xunlei from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. ValuEngine downgraded Xunlei from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, TheStreet raised Xunlei from a “d+” rating to a “c-” rating in a research report on Monday, November 13th.

Xunlei (NASDAQ:XNET) opened at $12.95 on Thursday. Xunlei has a fifty-two week low of $3.11 and a fifty-two week high of $27.00.

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Xunlei Company Profile

Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.

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