WMIH (WMIH) Getting Somewhat Positive Media Coverage, Study Shows

Press coverage about WMIH (NASDAQ:WMIH) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. WMIH earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.3677017113129 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several equities analysts have weighed in on the company. TheStreet raised WMIH from a “d+” rating to a “c-” rating in a research note on Monday, February 26th. BidaskClub raised WMIH from a “hold” rating to a “buy” rating in a research note on Wednesday.

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Shares of WMIH stock traded down $0.04 during midday trading on Wednesday, hitting $1.49. The company had a trading volume of 1,096,544 shares, compared to its average volume of 1,470,008. WMIH has a 1-year low of $0.60 and a 1-year high of $1.61.

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WMIH Company Profile

WMIH Corp., through its subsidiary, WM Mortgage Reinsurance Company, Inc, engages in reinsurance business with respect to mortgage insurance in runoff mode. The company was formerly known as WMI Holdings Corp. and changed its name to WMIH Corp. in May 2015. WMIH Corp. was founded in 1889 and is headquartered in Seattle, Washington.

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