Somewhat Positive Media Coverage Somewhat Unlikely to Impact Fortress Investment Group (FIG) Share Price
Media coverage about Fortress Investment Group (NYSE:FIG) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative 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 nearest to one being the most favorable. Fortress Investment Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the asset manager an impact score of 45.6848687949451 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern’s rankings:
- Notable Stocks on Trader’s Radar: Scorpio Tankers Inc., (NYSE: STNG), Fortress Investment Group LLC, (NYSE: FIG … – Stocks In The News (press release) (tradingnewsnow.com)
- Fortress Investment Group LLC :FIG-US: Earnings Analysis: Q3, 2017 By the Numbers : December 12, 2017 (finance.yahoo.com)
- Just the Facts on: Norwegian Cruise Line Holdings Ltd., (NASDAQ: NCLH), SRC Energy Inc., (NYSE: SRCI), Summit … – Stocks In The News (press release) (tradingnewsnow.com)
- Analyzing Fortress Investment Group (FIG) & Ameriprise Financial Services (AMP) (americanbankingnews.com)
A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Fortress Investment Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Zacks Investment Research upgraded shares of Fortress Investment Group from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd.
Shares of Fortress Investment Group (FIG) traded down $0.02 during trading hours on Tuesday, hitting $7.83. 987,177 shares of the company’s stock were exchanged, compared to its average volume of 2,556,482. Fortress Investment Group has a 1 year low of $4.78 and a 1 year high of $8.05. The firm has a market cap of $3,050.60, a price-to-earnings ratio of 5.57 and a beta of 1.89.
Fortress Investment Group Company Profile
Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).
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