Somewhat Favorable Media Coverage Somewhat Unlikely to Impact TheStreet (NASDAQ:TST) Stock Price

News stories about TheStreet (NASDAQ:TST) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TheStreet earned a news impact score of 0.20 on Accern’s scale. Accern also gave press coverage about the information services provider an impact score of 44.4656981684647 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of TheStreet (TST) traded up 3.30% on Friday, hitting $0.94. The stock had a trading volume of 33,121 shares. TheStreet has a 12 month low of $0.61 and a 12 month high of $1.16. The stock’s market cap is $33.71 million. The stock has a 50 day moving average of $0.85 and a 200-day moving average of $0.83.

TheStreet (NASDAQ:TST) last announced its quarterly earnings results on Tuesday, August 1st. The information services provider reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02. TheStreet had a negative net margin of 21.87% and a negative return on equity of 1.30%. The business had revenue of $15.96 million during the quarter, compared to the consensus estimate of $15.72 million. Equities research analysts anticipate that TheStreet will post ($0.03) EPS for the current year.

Several research analysts recently issued reports on the company. B. Riley reaffirmed a “buy” rating and set a $2.10 target price on shares of TheStreet in a research report on Tuesday, August 8th. Zacks Investment Research cut TheStreet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 13th.

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About TheStreet

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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