News articles about FairPoint Communications (NASDAQ:FRP) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FairPoint Communications earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.5001535155402 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
FairPoint Communications (FRP) opened at 15.95 on Friday. The stock has a 50 day moving average of $14.69 and a 200 day moving average of $16.88. FairPoint Communications has a one year low of $13.04 and a one year high of $19.60.
Several research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of FairPoint Communications from a “buy” rating to a “hold” rating in a report on Monday, May 8th. ValuEngine cut shares of FairPoint Communications from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd.
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About FairPoint Communications
FairPoint Communications, Inc is a provider of data, voice and communications services to business, wholesale and residential customers within its service territories. The Company offers its customers a suite of services, such as Ethernet, Session Initiation Protocol Trunking (SIP-Trunking), hosted Primary Branch Exchange (hosted PBX), managed services, data center colocation services, high capacity data transport and other Internet protocol (IP)-based services over its fiber-based network.
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