Somewhat Favorable News Coverage Likely to Effect CafePress (PRSS) Stock Price

Media stories about CafePress (NASDAQ:PRSS) have been trending somewhat positive on Thursday, AlphaOne Sentiment reports. The research firm, a division of Accern, identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CafePress earned a daily sentiment score of 0.15 on AlphaOne’s scale. AlphaOne also assigned news coverage about the company an impact score of 72 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the near term.

CafePress (NASDAQ:PRSS) traded up 1.40% during midday trading on Thursday, hitting $2.89. The stock had a trading volume of 61,088 shares. CafePress has a one year low of $2.78 and a one year high of $3.84. The firm has a 50 day moving average price of $3.08 and a 200 day moving average price of $3.11. The stock’s market cap is $48.10 million.

Several equities analysts have weighed in on the company. Zacks Investment Research raised CafePress from a “sell” rating to a “hold” rating in a research report on Thursday, January 12th. Cantor Fitzgerald reissued a “neutral” rating and set a $3.50 price target on shares of CafePress in a research report on Wednesday, March 8th.

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In other CafePress news, major shareholder Lloyd I. Miller III acquired 10,658 shares of CafePress stock in a transaction dated Wednesday, April 12th. The stock was acquired at an average cost of $2.80 per share, for a total transaction of $29,842.40. Following the completion of the transaction, the insider now owns 1,233,500 shares in the company, valued at approximately $3,453,800. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 28.80% of the company’s stock.

CafePress Company Profile

CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

5 Day Chart for NASDAQ:PRSS

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