News coverage about Blue Nile (NASDAQ:NILE) has been trending positive recently, Alpha One Sentiment Analysis reports. Alpha One, a service of Accern, identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blue Nile earned a news impact score of 0.31 on Alpha One’s scale. Alpha One also assigned headlines about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected AlphaOne Sentiment Analysis’s analysis:
- More Ethiopian Food Is Coming to Jamaica Plain of Boston Neighborhood (onlineethiopia.net)
- United States Diamond Engagement Ring Market With Focus On Online Mode 2017-2021 Featuring Amazon, Blue Nile, James Allen & Signet Jewelry – Research and Markets (businesswire.com)
- The US Diamond Engagement Ring Market expected to increase with steady growth rates With Focus On Online Mode (2017-2021) (openpr.com)
- Diamond Engagement Ring Market with Focus on Online Mode 2017–2021 Now Available at MarketReportsOnline (sbwire.com)
Shares of Blue Nile (NASDAQ:NILE) remained flat at $40.71 during mid-day trading on Thursday. The firm has a 50-day moving average of $40.69 and a 200-day moving average of $37.34. Blue Nile has a 12-month low of $24.04 and a 12-month high of $41.39.
Separately, Zacks Investment Research upgraded shares of Blue Nile from a “sell” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Tuesday, January 3rd.
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About Blue Nile
Blue Nile, Inc (Blue Nile) is a United States-based company, which operates as an online retailer of diamonds and fine jewelry. The Company’s merchandise consists of engagement and non-engagement products. The engagement product category includes gold or platinum engagement rings with a diamond center stone and loose diamonds.
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