TheStreet (NASDAQ:TST) Receiving Somewhat Positive Media Coverage, Analysis Shows

Media stories about TheStreet (NASDAQ:TST) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TheStreet earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 45.1622449109676 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

TheStreet (TST) traded up 1.852% during mid-day trading on Friday, hitting $0.825. The stock had a trading volume of 16,310 shares. The stock’s market capitalization is $29.59 million. The company’s 50 day moving average is $0.83 and its 200-day moving average is $0.82. TheStreet has a 52 week low of $0.61 and a 52 week high of $1.28.

TheStreet (NASDAQ:TST) last issued its quarterly earnings data on Tuesday, August 1st. The information services provider reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $15.96 million during the quarter, compared to the consensus estimate of $15.72 million. TheStreet had a negative net margin of 21.87% and a negative return on equity of 1.30%. On average, analysts expect that TheStreet will post ($0.03) EPS for the current fiscal year.

TST has been the topic of a number of research analyst reports. B. Riley restated a “buy” rating and issued a $1.90 price target on shares of TheStreet in a research note on Friday, May 5th. Zacks Investment Research cut TheStreet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 13th.

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TheStreet Company Profile

TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.

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