News headlines about Gravity (NASDAQ:GRVY) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gravity earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.0288450429052 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of GRVY stock traded down $0.28 during trading hours on Thursday, hitting $79.67. The stock had a trading volume of 15,329 shares, compared to its average volume of 39,464. Gravity has a one year low of $13.18 and a one year high of $108.97. The stock has a market capitalization of $286.61, a price-to-earnings ratio of 36.50 and a beta of 0.05.
Separately, BidaskClub upgraded Gravity from a “hold” rating to a “buy” rating in a research report on Tuesday, March 6th.
Gravity Co, Ltd. is a developer, distributor and publisher of online games in Japan and Taiwan. The Company’s segments include online games, mobile games and other. Its principal product includes Ragnarok Online, which is a multiplayer online role playing game. It categorizes products into over three categories, such as online games; mobile games and applications, and other games and game-related products and services, including character-based merchandise and animation.
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