Meet Group (MEET) Earning Somewhat Positive News Coverage, Analysis Shows
News headlines about Meet Group (NASDAQ:MEET) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Meet Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the information services provider an impact score of 45.8291836037557 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s analysis:
- Pre-Open Movers 12/19: (MEET) (NAV) (CARS) Higher; (NVAX) (LFIN) (CREE) Lower (more…) – StreetInsider.com (streetinsider.com)
- MeetMe (MEET) Offers Prelim. Q4 Results – StreetInsider.com (streetinsider.com)
- Meet the ex-senior investment bankers trying to unlock tech millions (news.efinancialcareers.com)
- Leading Healthcare Organizations Select CynergisTek’s New Professional Services Offering to Meet Critical Need for Cybersecurity Competency (finanzen.net)
- Zacks Investment Research Lowers Meet Group (MEET) to Sell (americanbankingnews.com)
Meet Group (MEET) traded up $0.66 during midday trading on Tuesday, hitting $2.98. 7,257,811 shares of the company were exchanged, compared to its average volume of 1,503,800. Meet Group has a twelve month low of $2.19 and a twelve month high of $6.45. The company has a market cap of $165.15, a P/E ratio of 6.39, a P/E/G ratio of 0.47 and a beta of 0.91.
A number of analysts recently commented on MEET shares. Roth Capital reiterated a “buy” rating and issued a $7.25 target price on shares of Meet Group in a report on Wednesday, October 25th. Canaccord Genuity downgraded shares of Meet Group from a “buy” rating to a “hold” rating and set a $10.00 target price on the stock. in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Meet Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, JMP Securities downgraded shares of Meet Group from an “outperform” rating to a “market perform” rating and set a $6.00 target price on the stock. in a report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Meet Group has an average rating of “Hold” and an average target price of $8.06.
About Meet Group
The Meet Group, Inc, formerly MeetMe, Inc, offers a portfolio of mobile applications. The Company operates location-based social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other.
Receive News & Ratings for Meet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meet Group and related companies with MarketBeat.com's FREE daily email newsletter.