Headlines about FreeSeas (NASDAQ:FREE) have been trending positive on Saturday, Alpha One Sentiment reports. Alpha One, a division of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. FreeSeas earned a news impact score of 0.28 on Alpha One’s scale. Alpha One also assigned press coverage about the shipping company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Shares of FreeSeas (NASDAQ:FREE) remained flat at $1.15 during mid-day trading on Friday. The firm has a 50-day moving average of $3.44 and a 200-day moving average of $289.29. FreeSeas has a 12-month low of $1.08 and a 12-month high of $166,051.09.
FreeSeas Inc is an international dry bulk shipping company. The Company owns approximately two Handysize dry bulk carriers and operates over four Handysize dry bulk carriers. The Company’s vessels carry a range of drybulk commodities, including iron ore, grain and coal, which are referred to as major bulks, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar and rice, or minor bulks.