Somewhat Positive Media Coverage Somewhat Unlikely to Affect Kate Spade & Co (KATE) Share Price
News stories about Kate Spade & Co (NYSE:KATE) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kate Spade & Co earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 46.6450832766924 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Kate Spade & Co (NYSE:KATE) remained flat at $$18.49 during trading hours on Tuesday. 7,789,900 shares of the company traded hands, compared to its average volume of 4,892,091. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.66 and a quick ratio of 2.59. Kate Spade & Co has a 52-week low of $14.02 and a 52-week high of $24.24.
About Kate Spade & Co
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. It operates through three segments. The KATE SPADE North America segment consists of the Company’s kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company’s kate spade new york and JACK SPADE brands in international markets, which operates principally in Japan, Asia (excluding Japan), Europe and Latin America).
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