Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Alliance MMA (AMMA) Stock Price
News coverage about Alliance MMA (NASDAQ:AMMA) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press 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 nearest to one being the most favorable. Alliance MMA earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.1558283942574 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Alliance MMA (NASDAQ:AMMA) traded down $0.09 during trading hours on Friday, reaching $0.74. The company had a trading volume of 315,913 shares, compared to its average volume of 444,725. Alliance MMA has a fifty-two week low of $0.67 and a fifty-two week high of $3.70.
In other news, Director Joel Daniel Tracy purchased 45,872 shares of the firm’s stock in a transaction that occurred on Saturday, October 20th. The stock was acquired at an average cost of $50,000.00 per share, for a total transaction of $2,293,600,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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Alliance MMA, Inc is a mixed martial arts organization offering the premier developmental league for mixed martial arts (MMA) fighters to advance to the sport’s highest level of professional competition. The Company was formed to acquire the businesses of the Target Companies and the media libraries of two prominent mixed martial arts, or MMA, promotions.
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