Central European Media Enterprises (NASDAQ:CETV) Getting Favorable Media Coverage, Report Finds

Media coverage about Central European Media Enterprises (NASDAQ:CETV) has trended positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central European Media Enterprises earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.7996623676353 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Central European Media Enterprises (NASDAQ CETV) traded down 0.602% during midday trading on Wednesday, hitting $4.125. 47,345 shares of the company’s stock traded hands. The company has a 50 day moving average of $4.20 and a 200 day moving average of $3.82. The stock has a market cap of $597.49 million, a P/E ratio of 165.000 and a beta of 1.03. Central European Media Enterprises has a 52 week low of $2.15 and a 52 week high of $4.55.

Central European Media Enterprises (NASDAQ:CETV) last released its quarterly earnings data on Tuesday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.11. The firm had revenue of $181.86 million for the quarter. Central European Media Enterprises had a negative return on equity of 18.46% and a net margin of 2.82%. On average, equities analysts forecast that Central European Media Enterprises will post $0.07 EPS for the current fiscal year.

Several equities analysts have issued reports on CETV shares. BidaskClub cut shares of Central European Media Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Zacks Investment Research raised shares of Central European Media Enterprises from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a research note on Monday, May 29th. Finally, TheStreet raised shares of Central European Media Enterprises from a “d” rating to a “c” rating in a research note on Wednesday, May 17th.

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In other Central European Media Enterprises news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the company’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $4.05, for a total value of $20,250,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.77% of the stock is owned by corporate insiders.

About Central European Media Enterprises

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Insider Buying and Selling by Quarter for Central European Media Enterprises (NASDAQ:CETV)

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