Acorn International (ATV) Receiving Somewhat Positive News Coverage, Accern Reports
News stories about Acorn International (NYSE:ATV) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Acorn International earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.8416519092766 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Acorn International (NYSE ATV) traded down 4.04% on Friday, reaching $14.02. 1,932 shares of the company’s stock traded hands. The firm has a market cap of $55.08 million, a P/E ratio of 15.41 and a beta of -0.96. The stock has a 50-day moving average of $15.10 and a 200 day moving average of $11.99. Acorn International has a 12-month low of $5.99 and a 12-month high of $18.24.
About Acorn International
Acorn International, Inc is a marketing and branding company in China that develops, promotes and sells a portfolio of branded products. The Company’s business is comprised of two main divisions, direct-sales platforms and its nationwide distribution network. The direct-sales business involves marketing and selling products directly to consumers in China through its outbound marketing platform and Internet sales platform.
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