Fortress Investment Group (FIG) Getting Somewhat Favorable Press Coverage, Study Shows
Media stories about Fortress Investment Group (NYSE:FIG) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fortress Investment Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 45.9047118829494 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- SeaDrill Limited, (NYSE: SDRL), Cheetah Mobile Inc., (NYSE: CMCM), Fortress Investment Group LLC, (NYSE: FIG … – Stocks In The News (press release) (tradingnewsnow.com)
- Hot Mover to Watch – Fortress Investment Group LLC, (NYSE: FIG) – Stock Watch (stocksnewstimes.com)
- Worth Watching Stocks Roundup: Fortress Investment Group LLC, (NYSE: FIG), Assured Guaranty Ltd., (NYSE: AGO … – Stocks In The News (press release) (tradingnewsnow.com)
- Breakfast Technical Briefing on Asset Management Stocks … – PR Newswire (press release) (prnewswire.com)
- Investors Buy Large Volume of Put Options on Fortress Investment Group (FIG) (americanbankingnews.com)
Shares of Fortress Investment Group (NYSE FIG) traded down $0.01 during trading on Friday, reaching $7.79. 264,557 shares of the company were exchanged, compared to its average volume of 2,550,000. The company has a market cap of $3,030.00, a PE ratio of 8.58 and a beta of 1.91. Fortress Investment Group has a 52 week low of $4.74 and a 52 week high of $8.05.
A number of equities analysts recently issued reports on the stock. BidaskClub cut shares of Fortress Investment Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Zacks Investment Research upgraded shares of Fortress Investment Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd.
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Fortress Investment Group Company Profile
Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).
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