Somewhat Favorable News Coverage Somewhat Unlikely to Impact Asta Funding (ASFI) Stock Price
Media stories about Asta Funding (NASDAQ:ASFI) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media 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 one, with scores closest to one being the most favorable. Asta Funding earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 45.6419844271145 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s analysis:
- Want To Invest In Asta Funding Inc (ASFI)? Here’s How It Performed Lately (finance.yahoo.com)
- ETFs with exposure to Asta Funding, Inc. : December 5, 2017 (finance.yahoo.com)
- Asta Funding (ASFI) Scheduled to Post Quarterly Earnings on Tuesday (americanbankingnews.com)
- Asta Funding (ASFI) Lifted to Buy at ValuEngine (americanbankingnews.com)
A number of equities analysts recently weighed in on ASFI shares. TheStreet raised shares of Asta Funding from a “d+” rating to a “c” rating in a research note on Monday, August 28th. ValuEngine raised shares of Asta Funding from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.
Shares of Asta Funding (NASDAQ:ASFI) traded up $0.15 during midday trading on Friday, reaching $7.25. 321 shares of the company were exchanged, compared to its average volume of 7,052. Asta Funding has a fifty-two week low of $6.15 and a fifty-two week high of $10.35. The company has a market capitalization of $49.02, a P/E ratio of 370.00 and a beta of 0.38.
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About Asta Funding
Asta Funding, Inc is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables.
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