News articles about Staples (NASDAQ:SPLS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Staples earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 45.8005736452454 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Staples (NASDAQ:SPLS) traded up $0.01 during trading hours on Friday, hitting $10.25. The stock had a trading volume of 9,785,900 shares, compared to its average volume of 8,578,545. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.87 and a current ratio of 1.43. Staples has a 12 month low of $7.24 and a 12 month high of $10.26.
A number of research firms have commented on SPLS. Zacks Investment Research upgraded Staples from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. BidaskClub upgraded Staples from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $8.85.
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Staples Company Profile
Staples, Inc (Staples) is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company’s segments include North American Delivery, North American Retail and Other. The North American Delivery segment consists of the United States and Canadian businesses, including Staples Business Advantage, staples.com, staples.ca, and quill.com, that sell and deliver products and services primarily to businesses.
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