Somewhat Positive Press Coverage Somewhat Unlikely to Affect Netshoes Cayman (NETS) Stock Price

Media coverage about Netshoes Cayman (NYSE:NETS) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Netshoes Cayman earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.0015548177644 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Netshoes Cayman (NYSE:NETS) opened at $9.26 on Monday. Netshoes Cayman has a twelve month low of $5.68 and a twelve month high of $26.96. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.89 and a current ratio of 1.63.

Separately, Zacks Investment Research upgraded Netshoes Cayman from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Netshoes Cayman presently has an average rating of “Buy” and an average price target of $21.90.

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Netshoes Cayman Company Profile

Netshoes (Cayman) Limited is a sports and lifestyle online retailer in Latin America. The Company focuses on offering an online consumer platform in Latin America. The Company operates through two segments: Brazil and International. The Company operates in Brazil, Argentina, and Mexico. The Brazil segment consists of retail sales of consumer products from all of its verticals (which includes sales of sporting goods and related garments, as well as fashion and beauty goods) carried out through its sites Netshoes.com.br and Zattini.com.br and third-party sites that it manages, as well as its business to business offline operation.

Insider Buying and Selling by Quarter for Netshoes Cayman (NYSE:NETS)

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