News headlines about 58.com (NYSE:WUBA) have been trending positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog 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. 58.com earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 47.5149649512858 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Uncover the Technical data on 58.com Inc. (WUBA) – Wall Street Morning (wallstreetmorning.com)
- The Stock on Analysts Watch-List: 58.com Inc. (WUBA) – Wall Street Morning (wallstreetmorning.com)
- One Most Risky Stock to Own In 2018: 58.com Inc. (WUBA) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- 58.com Inc., (NYSE: WUBA) – Stock Watch Evaluation – Stock Watch (stocksnewstimes.com)
- 58.Com: Simple, Predictable, Free-Cash-Flow-Generative Businesses – Seeking Alpha (seekingalpha.com)
Shares of 58.com (WUBA) traded up $1.70 during midday trading on Wednesday, hitting $80.46. 891,164 shares of the company traded hands, compared to its average volume of 1,200,000. The stock has a market capitalization of $11,710.00, a P/E ratio of 58.73 and a beta of 2.11. 58.com has a 12 month low of $34.55 and a 12 month high of $87.65. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 0.04.
TRADEMARK VIOLATION WARNING: “58.com (WUBA) Getting Favorable Media Coverage, Analysis Finds” was first published by BBNS and is owned by of BBNS. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://baseballnewssource.com/2018/03/14/positive-news-coverage-somewhat-unlikely-to-affect-58-com-wuba-share-price/1974692.html.
58.com Company Profile
58.com Inc is a holding company. The Company’s business consists of its online classifieds and listing platforms. Its online classifieds and listings platforms enable local merchants and consumers to connect, share information and conduct business in China. These platforms include 58, Ganji and Anjuke.
Receive News & Ratings for 58.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 58.com and related companies with MarketBeat.com's FREE daily email newsletter.