Media stories about New Media Investment Group (NYSE:NEWM) have trended somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Media Investment Group earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.6660553888272 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research firms recently weighed in on NEWM. Zacks Investment Research raised shares of New Media Investment Group from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Wednesday, January 3rd. BidaskClub raised shares of New Media Investment Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 29th.
Shares of New Media Investment Group (NYSE NEWM) opened at $16.90 on Friday. The company has a market cap of $899.42, a PE ratio of -80.48 and a beta of 1.35. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.84 and a quick ratio of 1.74. New Media Investment Group has a 12-month low of $11.87 and a 12-month high of $17.62.
New Media Investment Group Inc is a holding company. The Company owns, operates and invests in local media assets. The Company’s segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets.
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