Media headlines about LINE (NYSE:LN) have trended positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LINE earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.5940629599939 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Bartolo Colon takes 102-mph line-drive right off the gut, says his ‘big belly’ can take it, naturally (golfdigest.com)
- Lego’s new line of connected toys will let you build and program the Batmobile (theverge.com)
- Disney Cruise Line to sail from Florida, California, New York and Texas in fall 2019 (orlandosentinel.com)
- Red Line service in Rockville resumes after nearby gas leak (wtop.com)
- Shenzhen joins the high line craze (cnn.com)
Shares of LINE stock traded down $0.05 on Thursday, hitting $35.88. The stock had a trading volume of 61,300 shares, compared to its average volume of 154,773. LINE has a twelve month low of $35.99 and a twelve month high of $36.40. The company has a market capitalization of $8.80 billion, a P/E ratio of 119.60 and a beta of 1.47.
LN has been the subject of several recent research reports. Zacks Investment Research raised LINE from a “sell” rating to a “hold” rating in a research note on Wednesday, April 25th. Macquarie raised LINE from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 24th. Jefferies Group downgraded LINE from a “hold” rating to an “underperform” rating in a research note on Thursday, April 19th. Finally, Mizuho downgraded LINE from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 31st. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. LINE has an average rating of “Hold” and an average price target of $47.00.
LINE Company Profile
LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and related services primarily in Japan, Taiwan, Thailand, Indonesia, and Hong Kong. The company offers LINE, a cross-platform messenger application that enable users to communicate through free instant messaging, and voice and video calls, as well as serves as a smart portal to its other applications and services.
Receive News & Ratings for LINE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LINE and related companies with MarketBeat.com's FREE daily email newsletter.