LINE Corporation (LN) Given Daily Media Impact Score of 0.11
News articles about LINE Corporation (NYSE:LN) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LINE Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.9639605436182 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- LINE Corporation Announces Consolidated Financial Results for the … (tmcnet.com)
- LINE Corporation Announces Consolidated … (ih.advfn.com)
- LINE Corporation Announces Consolidated Financial Results for the Six Months Ended June 30, 2017 (finance.yahoo.com)
- LINE posts 2Q profit (finance.yahoo.com)
- City working to educate residents about new bike lanes downtown (newswest9.com)
A number of equities analysts have recently weighed in on LN shares. Zacks Investment Research raised shares of LINE Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Instinet raised shares of LINE Corporation from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 31st. CLSA cut shares of LINE Corporation from an “underperform” rating to a “sell” rating in a research report on Wednesday, April 26th. Goldman Sachs Group, Inc. (The) cut shares of LINE Corporation from a “buy” rating to a “neutral” rating in a research report on Thursday, April 20th. Finally, ValuEngine cut shares of LINE Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. LINE Corporation presently has an average rating of “Hold”.
Shares of LINE Corporation (NYSE:LN) traded up 0.43% during midday trading on Friday, hitting $34.74. 84,752 shares of the company were exchanged. LINE Corporation has a one year low of $30.90 and a one year high of $51.48. The firm has a market capitalization of $7.62 billion and a price-to-earnings ratio of 62.48. The firm’s 50 day moving average price is $35.21 and its 200 day moving average price is $35.01.
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LINE Corporation Company Profile
LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.
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