News articles about Square (NYSE:SQ) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Square earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.0782043420148 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Square Inc Has a Real Business, But It’s Not Bitcoin | InvestorPlace – Investorplace.com (investorplace.com)
- Square Inc Remains a ‘Right Stock, Wrong Time’ Story – Investorplace.com (investorplace.com)
- Square Inc Stock Remains a Solid Long Term Investment … – Investorplace.com (investorplace.com)
- Square Inc. Headquarters – ARCHITECT Magazine (architectmagazine.com)
- Square Inc Remains a ‘Right Stock, Wrong Time’ Story (finance.yahoo.com)
Square (SQ) traded down $1.05 during trading hours on Friday, hitting $41.25. 13,852,322 shares of the stock traded hands, compared to its average volume of 19,350,000. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $16,030.00 and a P/E ratio of -242.65. Square has a one year low of $13.84 and a one year high of $49.56.
SQ has been the subject of several research analyst reports. Zacks Investment Research raised shares of Square from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research note on Tuesday, October 3rd. Barclays lifted their price target on shares of Square from $28.00 to $37.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. Stephens reaffirmed a “buy” rating and issued a $41.00 price target on shares of Square in a research note on Wednesday. Vetr downgraded shares of Square from a “buy” rating to a “hold” rating and set a $31.08 price target for the company. in a research note on Wednesday, October 4th. Finally, Wells Fargo & Co initiated coverage on shares of Square in a research note on Tuesday, November 21st. They issued a “market perform” rating and a $42.00 price target for the company. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-four have assigned a buy rating to the company. Square currently has a consensus rating of “Buy” and an average target price of $35.37.
In other Square news, insider Ajmere Dale sold 1,451 shares of the company’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $40.00, for a total value of $58,040.00. Following the completion of the sale, the insider now directly owns 109,586 shares of the company’s stock, valued at approximately $4,383,440. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hillary B. Smith sold 1,551 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $35.12, for a total transaction of $54,471.12. Following the completion of the sale, the insider now directly owns 487,482 shares of the company’s stock, valued at $17,120,367.84. The disclosure for this sale can be found here. Insiders sold a total of 1,631,132 shares of company stock valued at $60,790,154 over the last ninety days. 32.68% of the stock is currently owned by insiders.
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Square Company Profile
Square, Inc (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment.
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