Medley Management (MDLY) Earning Favorable Media Coverage, Report Shows
News articles about Medley Management (NASDAQ:MDLY) have trended positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Medley Management earned a news impact score of 0.31 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.6334464562268 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, Zacks Investment Research upgraded shares of Medley Management from a “sell” rating to a “hold” rating and set a $6.75 price target on the stock in a report on Friday, October 20th. Six research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average price target of $8.79.
Medley Management (NASDAQ MDLY) traded down $0.10 during mid-day trading on Tuesday, reaching $5.65. 27,851 shares of the company traded hands, compared to its average volume of 29,590. Medley Management has a 1-year low of $5.55 and a 1-year high of $10.65.
Medley Management (NASDAQ:MDLY) last released its earnings results on Thursday, August 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The company had revenue of $16.40 million for the quarter, compared to analyst estimates of $17.97 million. During the same quarter last year, the firm posted $0.14 EPS. The firm’s revenue for the quarter was down 23.0% compared to the same quarter last year.
Medley Management Company Profile
Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.
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