Loral Space and Communications (LORL) Earning Somewhat Favorable Press Coverage, Report Shows
News headlines about Loral Space and Communications (NASDAQ:LORL) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Loral Space and Communications earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 46.433018104769 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Head to Head Analysis: Ubiquiti Networks (UBNT) versus Loral Space and Communications (LORL) (lightwaveonline.com)
- Northrop Grumman Is Making A Big Splash With This Move (seekingalpha.com)
- Head-To-Head Contrast: Loral Space and Communications (LORL) & Ubiquiti Networks (UBNT) (lightwaveonline.com)
- Ubiquiti Networks (UBNT) versus Loral Space and Communications (LORL) Head to Head Survey (americanbankingnews.com)
- Critical Review: Loral Space and Communications (LORL) and Ubiquiti Networks (UBNT) (americanbankingnews.com)
Shares of Loral Space and Communications (NASDAQ:LORL) traded up 0.42% during midday trading on Friday, reaching $48.20. 54,580 shares of the company’s stock traded hands. The stock has a market cap of $1.49 billion, a P/E ratio of 28.06 and a beta of 1.16. Loral Space and Communications has a 52-week low of $35.55 and a 52-week high of $48.40. The stock has a 50-day moving average price of $45.09 and a 200-day moving average price of $41.42.
Separately, BidaskClub raised shares of Loral Space and Communications from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th.
About Loral Space and Communications
Loral Space & Communications Inc is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc, which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world.
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