Somewhat Favorable Press Coverage Somewhat Unlikely to Impact AirMedia Group (AMCN) Share Price
News coverage about AirMedia Group (NASDAQ:AMCN) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing 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 closest to one being the most favorable. AirMedia Group earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 44.3285161539696 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of AirMedia Group (AMCN) opened at $2.14 on Friday. AirMedia Group has a 1-year low of $1.35 and a 1-year high of $3.30.
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About AirMedia Group
AirMedia Group Inc is an operator of out-of-home advertising platforms in China. The Company is engaged in selling advertising time slots on its network, primarily air travel advertising network. It holds concession rights to install and operate wireless fidelity (Wi-Fi) systems on trains administered by over eight regional railway administrative bureaus in China.
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