Press coverage about Xunlei (NASDAQ:XNET) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xunlei earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 44.4627212172562 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Xunlei (NASDAQ XNET) traded down $0.03 during trading hours on Wednesday, reaching $13.34. 63,697 shares of the company were exchanged, compared to its average volume of 4,309,138. Xunlei has a 1-year low of $3.11 and a 1-year high of $27.00. The company has a market capitalization of $889.66, a price-to-earnings ratio of -18.01 and a beta of 1.48.
XNET has been the subject of several research reports. BidaskClub downgraded shares of Xunlei from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. TheStreet upgraded shares of Xunlei from a “d+” rating to a “c-” rating in a report on Monday, November 13th. Finally, ValuEngine upgraded shares of Xunlei from a “sell” rating to a “hold” rating in a report on Friday, February 2nd.
Xunlei Company Profile
Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.