RLJ Entertainment (RLJE) Earns News Sentiment Rating of 0.37
Press coverage about RLJ Entertainment (NASDAQ:RLJE) has trended positive on Tuesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. RLJ Entertainment earned a daily sentiment score of 0.37 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.241244254375 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of RLJ Entertainment (RLJE) traded down $0.03 on Tuesday, hitting $3.70. The stock had a trading volume of 10,300 shares, compared to its average volume of 17,670. RLJ Entertainment has a twelve month low of $2.10 and a twelve month high of $4.61. The company has a debt-to-equity ratio of -5.22, a quick ratio of 1.42 and a current ratio of 1.50.
In other news, major shareholder Jh Evergreen Management, Llc sold 678,095 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $4.25, for a total transaction of $2,881,903.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Miguel Penella sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $3.68, for a total value of $80,960.00. Following the sale, the chief executive officer now directly owns 305,405 shares in the company, valued at $1,123,890.40. The disclosure for this sale can be found here. 94.27% of the stock is owned by corporate insiders.
About RLJ Entertainment
RLJ Entertainment, Inc (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.
Receive News & Ratings for RLJ Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RLJ Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.