Media headlines about Rite Aid (NYSE:RAD) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rite Aid earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.698527552759 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Cigna agrees to buy Express Scripts for $67 billion – CNNMoney (money.cnn.com)
- Health insurer Cigna set to buy Express Scripts: WSJ – Reuters (reuters.com)
- Notable Market Movers: Rite Aid Corporation, (NYSE: RAD), ArcelorMittal, (NYSE: MT); – TNN (tradingnewsnow.com)
- [$$] Phoenix Investment Finds Value in Some Retailers’ Junk Bonds (finance.yahoo.com)
- Signals from Technical Perspective – Rite Aid Corporation (NYSE: RAD) – Alpha Beta Stock (alphabetastock.com)
Rite Aid (NYSE RAD) opened at $1.74 on Monday. The company has a market cap of $1,860.00, a PE ratio of 15.82 and a beta of 1.78. The company has a debt-to-equity ratio of 3.66, a quick ratio of 0.59 and a current ratio of 0.86. Rite Aid has a 52 week low of $1.38 and a 52 week high of $5.15.
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Rite Aid Company Profile
Rite Aid Corporation is a retail drugstore chain. The Company’s segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company’s Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog.
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