Emmis Communications Corporation (EMMS) Getting Somewhat Positive News Coverage, Analysis Shows
News articles about Emmis Communications Corporation (NASDAQ:EMMS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Emmis Communications Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.6841604102064 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Emmis Communications Corporation (NASDAQ:EMMS) traded down $0.01 during mid-day trading on Tuesday, hitting $3.45. 10,772 shares of the company were exchanged, compared to its average volume of 33,984. The stock has a market cap of $43.85, a PE ratio of 2.55 and a beta of 0.73. Emmis Communications Corporation has a 52-week low of $2.14 and a 52-week high of $3.87. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.11 and a current ratio of 1.11.
In related news, COO Patrick M. Walsh sold 40,000 shares of Emmis Communications Corporation stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $3.45, for a total transaction of $138,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard A. Leventhal sold 8,951 shares of Emmis Communications Corporation stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $3.43, for a total value of $30,701.93. Following the transaction, the director now directly owns 88,413 shares in the company, valued at $303,256.59. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,951 shares of company stock worth $172,172. 27.10% of the stock is owned by corporate insiders.
About Emmis Communications Corporation
Emmis Communications Corporation is a media company, which focuses on radio broadcasting. The Company operates through three business segments: Radio, Publishing, and Corporate & Emerging Technologies. As of February 29, 2016, the Company owned 19 frequency modulation (FM) and four amplitude modulation (AM) radio stations in New York, Los Angeles, St.
Receive News & Ratings for Emmis Communications Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emmis Communications Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.