News stories about New Media Investment Group (NYSE:NEWM) have trended positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. New Media Investment Group earned a news impact score of 0.34 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8556627658773 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several analysts have recently commented on NEWM shares. Zacks Investment Research raised shares of New Media Investment Group from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Wednesday, January 3rd. BidaskClub raised shares of New Media Investment Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 14th.
Shares of New Media Investment Group (NYSE NEWM) opened at $16.04 on Monday. New Media Investment Group has a 52-week low of $11.87 and a 52-week high of $17.62. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.84 and a quick ratio of 1.74. The stock has a market cap of $853.65, a price-to-earnings ratio of -76.38 and a beta of 1.26.
New Media Investment Group Inc is a holding company. The Company owns, operates and invests in local media assets. The Company’s segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets.
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