Somewhat Favorable News Coverage Somewhat Unlikely to Affect Medley Management (NYSE:MDLY) Share Price
Headlines about Medley Management (NYSE:MDLY) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news 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 -1 to 1, with scores nearest to one being the most favorable. Medley Management earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 46.830668324751 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Medley Management (NYSE MDLY) opened at 5.80 on Wednesday. The company has a market capitalization of $32.70 million, a P/E ratio of 64.44 and a beta of 1.37. The firm has a 50-day moving average price of $6.43 and a 200 day moving average price of $7.70. Medley Management has a 1-year low of $5.60 and a 1-year high of $10.65.
Several research firms recently issued reports on MDLY. ValuEngine raised shares of Medley Management from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $9.00 target price on shares of Medley Management in a report on Monday, May 15th. Finally, Ladenburg Thalmann Financial Services lowered shares of Medley Management from a “buy” rating to a “neutral” rating in a report on Monday, May 15th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $9.06.
About Medley Management
Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.
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