China Eastern Airlines Corporation (CEA) Getting Somewhat Positive Press Coverage, Study Finds
News headlines about China Eastern Airlines Corporation (NYSE:CEA) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Eastern Airlines Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 45.7225199861889 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern’s analysis:
- Boeing doubles Airbus year-to-date commercial aircraft bookings (atwonline.com)
- China Eastern Airlines Corporation Ltd. (CEA) Forecasted to Post FY2017 Earnings of $4.20 Per Share (americanbankingnews.com)
- China Airlines: Why Jefferies Is Bearish (finance.yahoo.com)
Shares of China Eastern Airlines Corporation (CEA) opened at 27.27 on Wednesday. The firm has a market capitalization of $7.89 billion, a PE ratio of 9.40 and a beta of 1.24. The company has a 50 day moving average price of $27.26 and a 200-day moving average price of $28.31. China Eastern Airlines Corporation has a 12 month low of $21.38 and a 12 month high of $30.90.
Separately, BidaskClub cut China Eastern Airlines Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.
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China Eastern Airlines Corporation Company Profile
China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.
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