Somewhat Positive Press Coverage Somewhat Unlikely to Impact Sogou (SOGO) Share Price
Press coverage about Sogou (NYSE:SOGO) has been trending somewhat positive on Monday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sogou earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.1708697693685 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Sogou (SOGO) traded up $0.06 on Monday, hitting $11.66. The stock had a trading volume of 619,200 shares, compared to its average volume of 2,644,030. Sogou has a fifty-two week low of $10.85 and a fifty-two week high of $14.70.
A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. assumed coverage on Sogou in a report on Thursday, December 7th. They set an “overweight” rating and a $17.00 price objective on the stock. Credit Suisse Group began coverage on Sogou in a report on Monday, December 4th. They set an “outperform” rating and a $16.30 price objective on the stock.
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Sogou Company Profile
Sogou Inc is a search and Internet company. The Company’s Sogou Search is a search engine in China. Its cross-language search service enables users to discover English content on the Internet by querying in Chinese and reading content that it has translated into Chinese. The Company’s products and services include Sogu Search, Sogou Input Method and other products.
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