Favorable News Coverage Somewhat Unlikely to Affect Liberty Media Corporation (LSXMK) Share Price
Media stories about Liberty Media Corporation (NASDAQ:LSXMK) have been trending positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Liberty Media Corporation earned a news impact score of 0.26 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 46.6115995107355 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. TheStreet upgraded shares of Liberty Media Corporation from a “d” rating to a “c” rating in a research note on Friday, July 7th.
Shares of Liberty Media Corporation (NASDAQ:LSXMK) traded down 0.25% on Friday, reaching $44.50. 471,686 shares of the company were exchanged. The company has a 50-day moving average price of $43.36 and a 200 day moving average price of $40.30. The stock has a market capitalization of $14.95 billion, a PE ratio of 32.34 and a beta of 2.52. Liberty Media Corporation has a 1-year low of $31.34 and a 1-year high of $46.24.
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Liberty Media Corporation Company Profile
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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