Somewhat Positive News Coverage Somewhat Unlikely to Affect Staples (SPLS) Stock Price

Media coverage about Staples (NASDAQ:SPLS) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Staples earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 46.3824732314495 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Staples (NASDAQ:SPLS) traded up $0.01 during midday trading on Tuesday, hitting $10.25. The company had a trading volume of 9,785,900 shares, compared to its average volume of 8,578,545. Staples has a 1-year low of $7.24 and a 1-year high of $10.26. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.43 and a quick ratio of 0.87.

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About Staples

Staples, Inc (Staples) is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company’s segments include North American Delivery, North American Retail and Other. The North American Delivery segment consists of the United States and Canadian businesses, including Staples Business Advantage, staples.com, staples.ca, and quill.com, that sell and deliver products and services primarily to businesses.

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