Somewhat Favorable News Coverage Somewhat Unlikely to Affect Luxoft (LXFT) Stock Price
Media stories about Luxoft (NYSE:LXFT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty 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 closest to one being the most favorable. Luxoft earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 48.4063333057699 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Wedbush Analysts Lift Earnings Estimates for Luxoft Holding Inc (LXFT) (americanbankingnews.com)
- The Qt Company and Green Hills Showcase Significant Advancements in Integrated Automotive HMI Platforms (finance.yahoo.com)
- Luxoft Holding, Inc. (LXFT) At $58.55 Forms Bottom; OncoMed … – Screen Gonzo (screengonzo.com)
- The Qt Company to Showcase the New Digital Cockpit for Connected Vehicles at CES 2018 (finance.yahoo.com)
Shares of Luxoft (NYSE LXFT) opened at $57.15 on Friday. The firm has a market cap of $1,920.00, a price-to-earnings ratio of 34.22 and a beta of 1.48. Luxoft has a fifty-two week low of $40.15 and a fifty-two week high of $67.85.
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Luxoft Company Profile
Luxoft Holding, Inc, is a provider of software development services and information technology (IT) solutions to a global client base consisting primarily of large multinational corporations. The Company’s software development services consist of custom software development and support, product engineering and testing, and technology consulting.
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