CommerceHub (CHUBA) Receiving Somewhat Positive Press Coverage, Report Finds

Media coverage about CommerceHub (NASDAQ:CHUBA) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CommerceHub earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.7312469593391 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

CHUBA has been the topic of several recent research reports. First Analysis initiated coverage on CommerceHub in a research report on Friday, August 25th. They issued an “overweight” rating and a $25.00 price objective on the stock. DA Davidson initiated coverage on CommerceHub in a research report on Friday, September 22nd. They issued a “buy” rating and a $27.00 price objective on the stock. Zacks Investment Research upgraded CommerceHub from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Monday, August 7th. Wedbush restated an “outperform” rating and issued a $26.00 price objective (up from $22.00) on shares of CommerceHub in a research report on Monday, October 2nd. Finally, Dougherty & Co initiated coverage on CommerceHub in a research report on Tuesday, October 31st. They issued a “buy” rating and a $27.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $25.40.

Shares of CommerceHub (NASDAQ CHUBA) traded up $0.14 during trading hours on Friday, hitting $20.94. The stock had a trading volume of 213,700 shares, compared to its average volume of 87,033. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.65 and a quick ratio of 1.65. CommerceHub has a twelve month low of $13.24 and a twelve month high of $24.53. The stock has a market capitalization of $899.54 and a P/E ratio of 69.33.

WARNING: This report was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this report can be accessed at https://stocknewstimes.com/2017/11/11/commercehub-chuba-receiving-somewhat-positive-press-coverage-report-finds.html.

About CommerceHub

CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.

Insider Buying and Selling by Quarter for CommerceHub (NASDAQ:CHUBA)

Receive News & Ratings for CommerceHub Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommerceHub Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply