News articles about Cato (NYSE:CATO) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cato earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 46.1293671330806 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, TheStreet upgraded shares of Cato from a “d+” rating to a “c-” rating in a research report on Wednesday, December 6th.
CATO stock traded down $0.19 during trading hours on Wednesday, reaching $13.23. 353,417 shares of the company’s stock were exchanged, compared to its average volume of 341,455. The firm has a market capitalization of $315.16, a price-to-earnings ratio of 29.40 and a beta of 0.94. Cato has a 52-week low of $10.76 and a 52-week high of $23.30.
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Cato Company Profile
The Cato Corporation is a fashion specialty retailer. The Company’s merchandise lines include dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear and lines for kids and newborns. The Company has two segments: the operation of a fashion specialty stores segment (Retail Segment) and a credit card segment (Credit Segment).
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