Somewhat Negative News Coverage Unlikely to Affect Panera Bread (NASDAQ:PNRA) Share Price

Press coverage about Panera Bread (NASDAQ:PNRA) has trended somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Panera Bread earned a daily sentiment score of -0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 38.8130228873826 out of 100, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the next few days.

Shares of Panera Bread (PNRA) traded up $0.05 during midday trading on Wednesday, hitting $314.93. 323,400 shares of the stock traded hands, compared to its average volume of 667,457. Panera Bread has a 52-week low of $185.69 and a 52-week high of $316.21. The firm has a market capitalization of $7,160.00, a price-to-earnings ratio of 47.57 and a beta of 0.25. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 1.62.

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Panera Bread Company Profile

Panera Bread Company is a food service company. The Company is a national bakery-cafe concept. As of December 27, 2016, the Company operated 2,036 own and franchise-operated bakery-cafe locations in 46 states, the District of Columbia, and Ontario, Canada. It operates through three segments: Company bakery-cafe operations, franchise operations, and fresh dough and other product operations.

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