Xunlei (XNET) Given Media Impact Rating of 0.16
Headlines about Xunlei (NASDAQ:XNET) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xunlei earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 45.7434850922738 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Xunlei (NASDAQ XNET) opened at $14.23 on Wednesday. The company has a market cap of $946.89, a price-to-earnings ratio of -19.23 and a beta of 1.45. Xunlei has a 52-week low of $3.11 and a 52-week high of $27.00.
Several research analysts recently issued reports on the stock. BidaskClub cut shares of Xunlei from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. ValuEngine cut shares of Xunlei from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Finally, TheStreet raised shares of Xunlei from a “d+” rating to a “c-” rating in a report on Monday, November 13th.
Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.
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