Somewhat Positive Media Coverage Somewhat Unlikely to Affect 500.com Limited (WBAI) Stock Price
News headlines about 500.com Limited (NYSE:WBAI) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. 500.com Limited earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.4196421021866 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
WBAI has been the subject of a number of recent research reports. BidaskClub raised shares of 500.com Limited from a “sell” rating to a “hold” rating in a report on Saturday, September 2nd. ValuEngine raised shares of 500.com Limited from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd.
500.com Limited (NYSE WBAI) traded down 0.90% on Friday, hitting $11.00. 126,408 shares of the company were exchanged. The stock’s market capitalization is $448.44 million. The stock’s 50-day moving average price is $10.59 and its 200-day moving average price is $11.19. 500.com Limited has a 52-week low of $8.12 and a 52-week high of $19.98.
500.com Limited Company Profile
500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers.
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