Positive Press Coverage Likely to Affect TheStreet (TST) Stock Price
Headlines about TheStreet (NASDAQ:TST) have trended positive this week, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. TheStreet earned a media sentiment score of 0.32 on Alpha One’s scale. Alpha One also assigned press coverage about the information services provider an impact score of 76 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected AlphaOne’s scoring:
- Weibo (WB) Shows Strength: Stock Adds 24.9% in Session (zacks.com)
- TheStreet : Partners with Apple to Launch a New Mobile App (4-traders.com)
- TheStreet, Inc. :TST-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017 (finance.yahoo.com)
- TheStreet Partners with Apple to Launch a New Mobile App (finance.yahoo.com)
- TheStreet, Inc. (TST) Given Buy Rating at B. Riley (americanbankingnews.com)
Shares of TheStreet (NASDAQ:TST) traded up 1.9560% during mid-day trading on Thursday, hitting $0.9278. The company had a trading volume of 8,312 shares. The company’s market capitalization is $33.06 million. The firm’s 50-day moving average price is $0.80 and its 200 day moving average price is $0.84. TheStreet has a one year low of $0.61 and a one year high of $1.28.
TheStreet (NASDAQ:TST) last announced its earnings results on Tuesday, May 9th. The information services provider reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.08. The firm had revenue of $15.28 million during the quarter, compared to analyst estimates of $15.29 million. TheStreet had a negative net margin of 9.49% and a negative return on equity of 8.41%. During the same period in the prior year, the business earned ($0.10) EPS. Analysts predict that TheStreet will post ($0.06) earnings per share for the current fiscal year.
A number of analysts have recently issued reports on the company. B. Riley restated a “buy” rating and issued a $2.10 target price on shares of TheStreet in a report on Monday. Zacks Investment Research upgraded TheStreet from a “hold” rating to a “buy” rating and set a $0.75 target price for the company in a report on Thursday, March 16th.
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TheStreet Company Profile
TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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