Somewhat Positive News Coverage Somewhat Unlikely to Impact Overstock.com (OSTK) Stock Price
Media coverage about Overstock.com (NASDAQ:OSTK) has been trending somewhat positive on Monday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Overstock.com earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.2818070479252 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s rankings:
- Stock struggle to stabilize, Jay Powell testifies for second day on Capitol Hill (finance.yahoo.com)
- Final Trades: BABA, OSTK & more (finance.yahoo.com)
- Bad News, and No News, for Overstock.com Inc Stock (investorplace.com)
- INVESTOR ALERT: Investigation of Overstock.com Announced by Holzer & Holzer – Business Wire (press release) (businesswire.com)
- SEC probes Overstock’s blockchain platform, shares slide – Reuters (reuters.com)
Shares of Overstock.com (NASDAQ OSTK) opened at $60.55 on Monday. The stock has a market capitalization of $1,515.16, a P/E ratio of -140.81 and a beta of 1.57. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 0.33. Overstock.com has a 12-month low of $13.75 and a 12-month high of $89.80.
In other Overstock.com news, insider Jonathan E. Johnson III sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $64.10, for a total transaction of $256,400.00. Following the completion of the sale, the insider now owns 34,092 shares of the company’s stock, valued at $2,185,297.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 28.90% of the stock is owned by corporate insiders.
Overstock.com, Inc is an online retailer and incubator of blockchain technology. Through its online retail business, the Company offers a range of price-competitive brand name, non-brand name and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods.
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