Somewhat Positive News Coverage Somewhat Unlikely to Affect Global Sources (GSOL) Stock Price
News headlines about Global Sources (NASDAQ:GSOL) have been trending somewhat positive on Monday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Global Sources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 44.0152052853045 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, BidaskClub lowered Global Sources from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th.
Global Sources (GSOL) traded up 0.52% during midday trading on Monday, reaching $19.50. The company had a trading volume of 19,701 shares. Global Sources has a 52-week low of $7.79 and a 52-week high of $21.80. The company’s 50-day moving average is $19.92 and its 200 day moving average is $13.06. The company has a market cap of $472.33 million, a PE ratio of 26.71 and a beta of 1.07.
About Global Sources
Global Sources Ltd. is a business-to-business (B2B) media company that provides information and integrated marketing services, with a particular focus on the Greater China market. The Company, together with its subsidiaries, provides services that allow global buyers to identify suppliers and products, and enable suppliers to market their products to a number of buyers.
Receive News & Ratings for Global Sources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Sources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.