Somewhat Positive News Coverage Somewhat Unlikely to Impact Rite Aid (RAD) Share Price
Media coverage about Rite Aid (NYSE:RAD) has trended somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rite Aid earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.2679818774214 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Hot Mover of the Day – Rite Aid Corporation (NYSE: RAD) – Stocks Market Cap (stocksmarketcap.com)
- ‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts – Yahoo Finance (finance.yahoo.com)
- With An ROE Of 13.22%, Has Rite Aid Corporation’s (NYSE:RAD) Management Done Well? (finance.yahoo.com)
- CD 2007-CD4 Commercial Mortgage Trust — Moody’s Affirms Three Classes of CD 2007-CD4 (finance.yahoo.com)
- Health Dialog Chief Medical Officer Dr. Peter Goldbach to Speak at National Quality Forum Workshop on Shared Decision Making (finance.yahoo.com)
Shares of Rite Aid stock opened at $1.54 on Thursday. The company has a market capitalization of $1,686.88, a price-to-earnings ratio of 10.27 and a beta of 1.79. Rite Aid has a fifty-two week low of $1.38 and a fifty-two week high of $4.87. The company has a current ratio of 0.86, a quick ratio of 0.59 and a debt-to-equity ratio of 3.66.
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Rite Aid Company Profile
Rite Aid Corporation is a retail drugstore chain. The Company’s segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company’s Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog.
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