News stories about Match Group (NASDAQ:MTCH) have been trending positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Match Group earned a news impact score of 0.33 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.2443951006048 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Match Group Continues To Push IAC’s Cash Flows Higher (finance.yahoo.com)
- The Meet Group Is The Most Undervalued Dating App In The Market – Seeking Alpha (seekingalpha.com)
- Arch Capital Group (ACGL) Earns Daily News Sentiment Rating of 0.39 (techkenyot.com)
- Weibo, Match Group Lead 5 Top Tech Stocks Near Buys With This Special Strength (finance.yahoo.com)
- Match Group, Inc. (MTCH) stock closes Yesterday with $32.30 – Nasdaq Fortune (press release) (nasdaqfortune.com)
Shares of Match Group (MTCH) traded up $0.05 during trading hours on Thursday, reaching $31.60. The company’s stock had a trading volume of 1,011,146 shares, compared to its average volume of 1,280,000. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.40. Match Group has a 12-month low of $15.42 and a 12-month high of $33.08. The firm has a market cap of $8,630.00 and a price-to-earnings ratio of 21.07.
A number of analysts recently commented on the company. Vetr cut Match Group from a “strong-buy” rating to a “buy” rating and set a $35.61 price objective for the company. in a research report on Monday, January 8th. BidaskClub cut Match Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 9th. Wells Fargo & Co reiterated an “outperform” rating and set a $38.00 price objective (up previously from $33.00) on shares of Match Group in a research report on Monday, January 8th. Guggenheim upgraded Match Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 19th. Finally, UBS Group cut Match Group from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $28.00 to $35.00 in a research report on Thursday, November 9th. Six equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $32.77.
In other news, Director Ann Mcdaniel sold 11,119 shares of Match Group stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $30.62, for a total value of $340,463.78. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 18.10% of the company’s stock.
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Match Group Company Profile
Match Group, Inc, incorporated on February 13, 2009, is a provider of dating products. The Company operates in the Dating segment. The Dating segment consists of all of its dating businesses across the globe. As of March 31, 2017, the Company operated a portfolio of over 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24, each designed to manage its users’ likelihood of finding a romantic connection.
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