Favorable Press Coverage Somewhat Unlikely to Affect WebMD Health (WBMD) Share Price
Headlines about WebMD Health (NASDAQ:WBMD) have been trending positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WebMD Health earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave news articles about the health services provider an impact score of 45.0699925248316 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of WebMD Health (WBMD) traded up $0.01 during trading hours on Monday, reaching $66.48. 3,214,100 shares of the company were exchanged, compared to its average volume of 898,538. WebMD Health has a one year low of $48.10 and a one year high of $66.57. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.12 and a current ratio of 2.12.
Separately, Zacks Investment Research upgraded shares of WebMD Health from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $64.29.
WebMD Health Company Profile
WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.
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