Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Global Eagle Entertainment (ENT) Share Price
Headlines about Global Eagle Entertainment (NASDAQ:ENT) have trended somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news 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 Eagle Entertainment earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.291887202459 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, BidaskClub downgraded shares of Global Eagle Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $10.50.
Global Eagle Entertainment (ENT) opened at 3.28 on Friday. The company’s market cap is $279.81 million. The firm’s 50 day moving average is $3.06 and its 200-day moving average is $3.12. Global Eagle Entertainment has a 52 week low of $2.38 and a 52 week high of $9.53.
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Global Eagle Entertainment Company Profile
Global Eagle Entertainment Inc is a provider of aircraft connectivity systems, operations solutions and media content to the travel industry. The Company’s segments include Connectivity and Content. Its Connectivity segment provides airline partners and their passengers with Wireless Fidelity (Wi-Fi) connectivity over Ku-band satellite transmissions, and to a lesser extent operations solutions to airline customers.
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