CommerceHub (CHUBK) Getting Somewhat Positive Media Coverage, Analysis Shows
News headlines about CommerceHub (NASDAQ:CHUBK) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CommerceHub earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.9594392382413 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, BidaskClub raised CommerceHub from a “sell” rating to a “hold” rating in a research report on Tuesday, February 27th.
Shares of CHUBK opened at $22.56 on Tuesday. CommerceHub has a 12 month low of $14.85 and a 12 month high of $22.63. The firm has a market cap of $980.60, a PE ratio of 60.92 and a beta of -0.93.
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CommerceHub, Inc, together with its subsidiaries, provides cloud-based e-commerce fulfillment and marketing solutions for large retailers, marketplaces, consumer brands, and marketplaces primarily in the United States and Canada. The company provides assortment expansion solutions, which enable its retailer customers to communicate electronically with their drop-ship suppliers; and demand channel solutions that allow sellers to upload their entire product catalog to platform and then transform and syndicate that product catalog to a range of e-commerce demand channels to facilitate consumer demand generation.
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