Somewhat Positive Press Coverage Somewhat Unlikely to Impact West Marine (WMAR) Stock Price
Media coverage about West Marine (NASDAQ:WMAR) has trended somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. West Marine earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 44.5833428845545 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of West Marine (WMAR) remained flat at $$12.97 during trading on Monday. West Marine has a fifty-two week low of $7.77 and a fifty-two week high of $13.01.
A number of brokerages have recently issued reports on WMAR. B. Riley lowered West Marine to a “neutral” rating and set a $12.97 target price on the stock. in a research report on Sunday, July 16th. BidaskClub lowered West Marine from a “hold” rating to a “sell” rating in a report on Thursday, August 17th.
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West Marine Company Profile
West Marine, Inc is a waterlife outfitter for cruisers, sailors, anglers and paddlesports enthusiasts. The Company offers a selection of core boating and water recreation products, primarily serving the needs of boat owners and professionals providing services to them. It services its customers through physical stores and two e-commerce Websites.
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