Liberty Tax (TAX) Getting Somewhat Negative News Coverage, Study Shows
News stories about Liberty Tax (NASDAQ:TAX) have trended somewhat negative this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Liberty Tax earned a daily sentiment score of -0.04 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 43.0627591112005 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities analysts recently commented on TAX shares. ValuEngine cut shares of Liberty Tax from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Barrington Research cut shares of Liberty Tax from an “outperform” rating to a “market perform” rating in a research report on Tuesday, February 20th. Finally, Zacks Investment Research cut shares of Liberty Tax from a “hold” rating to a “sell” rating in a research report on Friday, February 9th.
Liberty Tax (NASDAQ:TAX) traded up $0.80 during mid-day trading on Friday, hitting $8.60. 148,654 shares of the company’s stock were exchanged, compared to its average volume of 77,120. Liberty Tax has a 12-month low of $7.75 and a 12-month high of $15.80. The stock has a market capitalization of $109.07, a PE ratio of 10.75, a price-to-earnings-growth ratio of 0.72 and a beta of 0.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.07 and a quick ratio of 3.07.
Liberty Tax, Inc is the holding company for JTH Tax, Inc The Company is a provider of tax preparation services. The Company provides retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. The Company’s tax preparation services and related tax settlement products are offered primarily through franchised locations.
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