500.com (WBAI) Earning Somewhat Positive Media Coverage, Study Shows
Headlines about 500.com (NYSE:WBAI) have trended somewhat positive on Monday, according to Accern Sentiment. 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 positive one, with scores closest to one being the most favorable. 500.com earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.6288841663361 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, BidaskClub cut shares of 500.com from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st.
500.com (NYSE:WBAI) opened at $11.69 on Monday. 500.com has a 52-week low of $8.12 and a 52-week high of $14.90. The stock has a market cap of $477.31, a PE ratio of -37.71 and a beta of 0.17.
500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers.
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