Somewhat Positive Press Coverage Somewhat Unlikely to Affect NetSuite (N) Share Price
News stories about NetSuite (NYSE:N) have been trending somewhat positive on Monday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NetSuite earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.836442340549 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Oracle Shares Drop After Cloud Sales Fall Short for Some (industryweek.com)
- Latest Report Details Of Public Cloud Services Market Size & Share, Growth, Trends, and Forecast 2016 – 2024 (mynewsdesk.com)
- Oracle shares drop after quarterly cloud sales miss expectations (proactiveinvestors.co.uk)
- Cloud revenue helps Oracle beat earnings forecast this time, but outlook tanks shares (siliconangle.com)
- Oracle shares drop after cloud sales miss analysts’ estimates (businesstech.co.za)
NetSuite (NYSE N) remained flat at $$90.34 on Monday. The company’s stock had a trading volume of 101,900 shares, compared to its average volume of 873,090. NetSuite has a 12-month low of $51.75 and a 12-month high of $110.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27.
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NetSuite Company Profile
NetSuite Inc (NetSuite) is a provider of cloud-based financials, enterprise resource planning and omnichannel commerce software suites. The Company offers a suite of applications, including financial management, customer relationship management, e-commerce and retail management, commerce marketing automation, professional services automation and human capital management that enable companies to manage business operations in an integrated suite.
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