News headlines about Meet Group (NASDAQ:MEET) have trended positive recently, Accern reports. Accern rates the sentiment of media coverage by analyzing 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 nearest to one being the most favorable. Meet Group earned a news impact score of 0.28 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 46.9844239421183 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern’s analysis:
- Rosenthal Collins Group signs with Eventus Systems for trade surveillance (futuresmag.com)
- Why Cronos Group Stock Jumped 31% in February (nwitimes.com)
- Meet Group (MEET) Presents At 30th Annual ROTH Conference – Slideshow (seekingalpha.com)
- Free Research Report as GrubHub’s Quarterly Revenues Surged 49% and Adjusted EPS Soared 61% (finance.yahoo.com)
- Literacy For All to Host C-Level Networking Group In April (patch.com)
Meet Group (NASDAQ MEET) traded down $0.06 on Wednesday, reaching $2.29. The company had a trading volume of 983,351 shares, compared to its average volume of 958,414. The company has a market cap of $168.28, a P/E ratio of -2.57, a PEG ratio of 0.58 and a beta of 1.09. Meet Group has a twelve month low of $2.19 and a twelve month high of $6.45.
A number of research firms recently weighed in on MEET. TheStreet lowered Meet Group from a “c+” rating to a “d+” rating in a report on Thursday, March 8th. Zacks Investment Research raised Meet Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Canaccord Genuity reissued a “hold” rating and set a $4.00 target price on shares of Meet Group in a report on Tuesday, December 19th. ValuEngine downgraded Meet Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Roth Capital reduced their price target on Meet Group from $4.00 to $3.25 and set a “buy” rating for the company in a research note on Thursday, March 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.05.
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Meet Group Company Profile
The Meet Group, Inc, formerly MeetMe, Inc, offers a portfolio of mobile applications. The Company operates location-based social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other.
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