Somewhat Positive News Coverage Somewhat Unlikely to Impact AirMedia Group (AMCN) Stock Price

News stories about AirMedia Group (NASDAQ:AMCN) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring 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. AirMedia Group earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 48.081529334146 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of AMCN stock traded down $0.03 during mid-day trading on Monday, hitting $0.76. 146,308 shares of the stock were exchanged, compared to its average volume of 522,200. AirMedia Group has a 12-month low of $0.68 and a 12-month high of $3.30.

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About AirMedia Group

AirMedia Group Inc is an operator of out-of-home advertising platforms in China. The Company is engaged in selling advertising time slots on its network, primarily air travel advertising network. It holds concession rights to install and operate wireless fidelity (Wi-Fi) systems on trains administered by over eight regional railway administrative bureaus in China.

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