Favorable Media Coverage Somewhat Unlikely to Affect Alibaba Group (BABA) Share Price
News articles about Alibaba Group (NYSE:BABA) have trended positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog 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. Alibaba Group earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 45.8457206978863 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Alibaba Group Holding Ltd (BABA) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Ford & Alibaba: Beyond The Automotive Vending Machines Hype – Seeking Alpha (seekingalpha.com)
- Alibaba Securities Class Action Reinstated (jdsupra.com)
- Commentary: What Jack Ma Can Teach All of Us About the Key to Success (finance.yahoo.com)
- ‘China Hustle’ Documentary Claims Chinese Companies Are Deceiving American Investors (finance.yahoo.com)
Alibaba Group (NYSE:BABA) traded up $0.97 during mid-day trading on Monday, hitting $176.29. 12,524,722 shares of the company’s stock traded hands, compared to its average volume of 15,590,162. The stock has a market capitalization of $449,021.56, a price-to-earnings ratio of 51.10, a price-to-earnings-growth ratio of 1.33 and a beta of 2.52. Alibaba Group has a 1-year low of $86.62 and a 1-year high of $191.75. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.21.
Alibaba Group Company Profile
Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.
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