Ferrari (RACE) Earns Media Sentiment Rating of 0.23
News stories about Ferrari (NYSE:RACE) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ferrari earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.7013678507533 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- CES 2018: Intel-Ferrari AI partnership will fundamentally change sports broadcasts (zdnet.com)
- Ferrari confirm driver signing: Sebastian Vettel has history with new man (express.co.uk)
- The Most GTB: Battista Pininfarina’s Personal Ferrari 275GTB Is Spectacular, and for Sale (blog.caranddriver.com)
- Ferrari F1 Signs Daniil Kvyat to Developmental Role (msn.com)
- Ferrari F1 signs Red Bull castoff Daniil Kvyat to development contract (autoweek.com)
Ferrari (RACE) traded down $0.05 during midday trading on Wednesday, reaching $114.27. The company had a trading volume of 280,600 shares, compared to its average volume of 481,143. The company has a market capitalization of $21,600.00 and a P/E ratio of 37.50. The company has a quick ratio of 2.68, a current ratio of 3.26 and a debt-to-equity ratio of 2.77. Ferrari has a fifty-two week low of $58.01 and a fifty-two week high of $121.14.
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Ferrari Company Profile
Ferrari NV, known as New Business Netherlands NV, is an Italy-based company, incorporated in the Netherlands, that is engaged in designing, manufacturing and selling sports cars under the Ferrari brand. Its products include nine sports car models, including seven sports cars: 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A; as well as two grand tourer (GT) cars: California T and FF.
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