Media stories about Central European Media Enterprises (NASDAQ:CETV) have trended somewhat positive on Friday, AlphaOne reports. The research firm, a unit of Accern, identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central European Media Enterprises earned a news sentiment score of 0.04 on AlphaOne’s scale. AlphaOne also assigned press coverage about the company an impact score of 43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several research firms recently commented on CETV. Zacks Investment Research upgraded Central European Media Enterprises from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a research report on Wednesday, March 15th. TheStreet upgraded Central European Media Enterprises from a “d” rating to a “c” rating in a research report on Wednesday, May 17th.
Central European Media Enterprises (NASDAQ CETV) traded up 1.19% during mid-day trading on Friday, reaching $4.25. The company had a trading volume of 536,748 shares. The stock’s market capitalization is $613.79 million. The company’s 50 day moving average is $4.11 and its 200 day moving average is $3.18. Central European Media Enterprises has a 52-week low of $2.03 and a 52-week high of $4.45.
Central European Media Enterprises (NASDAQ:CETV) last posted its quarterly earnings data on Wednesday, April 26th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.07. The company had revenue of $135 million for the quarter. Equities analysts predict that Central European Media Enterprises will post ($0.01) earnings per share for the current year.
About Central European Media Enterprises
Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.
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