Somewhat Positive Press Coverage Somewhat Unlikely to Affect Takung Art Co (NASDAQ:TKAT) Stock Price
Media coverage about Takung Art Co (NASDAQ:TKAT) has trended somewhat positive on Friday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Takung Art Co earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.7726842585503 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, TheStreet downgraded shares of Takung Art Co from a “c-” rating to a “d+” rating in a report on Wednesday, July 19th.
Takung Art Co (NASDAQ TKAT) opened at 4.00 on Friday. Takung Art Co has a 12-month low of $3.00 and a 12-month high of $10.50. The company has a market capitalization of $44.75 million and a P/E ratio of 7.42. The company has a 50-day moving average of $4.16 and a 200 day moving average of $6.73.
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Takung Art Co Company Profile
Takung Art Co, Ltd., formerly Cardigant Medical Inc, is a holding company. The Company, through HongKong Takung Assets and Equity of Artworks Exchange Co, Ltd. (HongKong Takung), and its subsidiaries, operates an electronic online platform located at www.takungae.com for artists, art dealers and art investors to offer and trade in artwork.
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