Headlines about Cumulus Media (NASDAQ:CMLS) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cumulus Media earned a news impact score of 0.14 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.7986759161351 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Barnes, Leslie & Jimmy to return to 99X for 25th anniversary – Atlanta Business Chronicle (bizjournals.com)
- Investors are Looking at Technical Levels on Shares of Cumulus Media Inc (CMLS) – Stonington Post (stoningtonpost.com)
- [$$] Cumulus Media Kicks Off Debt-Restructuring Talks With Creditors (finance.yahoo.com)
Shares of Cumulus Media (NASDAQ:CMLS) traded down 7.30% during mid-day trading on Friday, reaching $0.33. The company’s stock had a trading volume of 109,819 shares. The stock’s market capitalization is $9.64 million. The company’s 50-day moving average is $0.37 and its 200-day moving average is $0.39. Cumulus Media has a 52 week low of $0.22 and a 52 week high of $2.79.
Cumulus Media (NASDAQ:CMLS) last issued its quarterly earnings data on Monday, August 14th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $290.53 million for the quarter, compared to analysts’ expectations of $288.00 million. Equities analysts predict that Cumulus Media will post ($0.37) EPS for the current year.
Several research analysts recently weighed in on the company. Noble Financial restated a “hold” rating on shares of Cumulus Media in a research note on Tuesday, August 15th. Zacks Investment Research upgraded Cumulus Media from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd.
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Cumulus Media Company Profile
Cumulus Media Inc (Cumulus) is a radio broadcasting company. The Company is also a provider of country music and lifestyle content through its NASH brand, which serves through radio programming, NASH Country Weekly magazine and live events. Its product lines include broadcast advertising, digital advertising, political advertising and non-advertising based license fees.
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