Somewhat Positive Media Coverage Somewhat Unlikely to Impact Rush Enterprises (NASDAQ:RUSHB) Stock Price

Media coverage about Rush Enterprises (NASDAQ:RUSHB) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rush Enterprises earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.4186797693084 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Rush Enterprises (NASDAQ:RUSHB) traded down $0.92 on Friday, hitting $50.77. The stock had a trading volume of 3,577 shares, compared to its average volume of 6,756. The firm has a market cap of $1,895.70, a price-to-earnings ratio of 26.31 and a beta of 0.96. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.55. Rush Enterprises has a 12 month low of $28.99 and a 12 month high of $51.83.

Rush Enterprises announced that its Board of Directors has approved a share buyback plan on Thursday, November 30th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

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About Rush Enterprises

Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products.

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