Somewhat Positive Media Coverage Somewhat Unlikely to Affect Trans World Entertainment (TWMC) Stock Price
Media stories about Trans World Entertainment (NASDAQ:TWMC) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Trans World Entertainment earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.5666682709685 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 cut shares of Trans World Entertainment from a “c-” rating to a “d+” rating in a research report on Wednesday, January 3rd.
Shares of Trans World Entertainment (TWMC) traded down $0.04 during trading hours on Friday, hitting $1.79. 1,300 shares of the stock traded hands, compared to its average volume of 11,575. Trans World Entertainment has a 12 month low of $1.50 and a 12 month high of $3.25. The firm has a market cap of $66.08, a PE ratio of -35.79 and a beta of 0.28.
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About Trans World Entertainment
Trans World Entertainment Corporation is a specialty retailer of entertainment products, including trend, video, music, electronics and related products. The Company operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. It owns interest in Record Town, Inc, through which its principal operations are conducted.
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