Press coverage about Town Sports International (NASDAQ:CLUB) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Town Sports International earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the company an impact score of 44.8518759892039 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research firms have weighed in on CLUB. ValuEngine upgraded Town Sports International from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Imperial Capital reiterated an “outperform” rating and set a $8.50 price objective (up previously from $7.50) on shares of Town Sports International in a research note on Friday, March 2nd. Finally, Zacks Investment Research lowered Town Sports International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th.
Town Sports International (NASDAQ:CLUB) traded up $0.07 during midday trading on Wednesday, hitting $7.47. The company’s stock had a trading volume of 23,113 shares, compared to its average volume of 72,718. The stock has a market cap of $202.72, a price-to-earnings ratio of 57.31 and a beta of 2.95. Town Sports International has a twelve month low of $3.15 and a twelve month high of $7.74. The company has a debt-to-equity ratio of -2.49, a current ratio of 1.09 and a quick ratio of 1.09.
In other Town Sports International news, CFO Carolyn Spatafora sold 12,811 shares of Town Sports International stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $7.39, for a total transaction of $94,673.29. Following the completion of the transaction, the chief financial officer now owns 202,353 shares in the company, valued at approximately $1,495,388.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 20,483 shares of company stock valued at $147,494 in the last quarter. Company insiders own 19.00% of the company’s stock.
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Town Sports International Company Profile
Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.
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