Media headlines about Gravity (NASDAQ:GRVY) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Gravity earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 44.9007540856762 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
GRVY traded up $0.43 during midday trading on Friday, reaching $78.75. 13,500 shares of the company were exchanged, compared to its average volume of 35,877. The firm has a market capitalization of $272.08, a P/E ratio of 34.65 and a beta of 0.05. Gravity has a one year low of $13.18 and a one year high of $108.97.
Separately, BidaskClub lowered Gravity from a “hold” rating to a “sell” rating in a report on Tuesday, April 10th.
Gravity Co, Ltd. develops and publishes online games in South Korea, Japan, the United States, Canada, Taiwan, Hong Kong, Macau, China, and internationally. It offers online games; mobile games and applications; and other games and game-related products and services, including character-based merchandise and animation.
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