Positive Press Coverage Somewhat Unlikely to Affect Net Element International (NETE) Share Price

Media coverage about Net Element International (NASDAQ:NETE) has been trending positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Net Element International earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.7591752065729 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Separately, ValuEngine cut Net Element International from a “hold” rating to a “sell” rating in a research note on Friday, December 1st.

Shares of Net Element International (NASDAQ:NETE) opened at $11.26 on Wednesday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 3.47. Net Element International has a one year low of $2.60 and a one year high of $33.51. The company has a market capitalization of $43.46, a P/E ratio of -2.28 and a beta of 0.97.

Net Element International (NASDAQ:NETE) last announced its quarterly earnings data on Tuesday, November 14th. The company reported ($0.90) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.56) by ($0.34). Net Element International had a negative net margin of 14.44% and a negative return on equity of 205.76%. The firm had revenue of $14.90 million during the quarter, compared to analyst estimates of $16.60 million. equities research analysts expect that Net Element International will post -3.59 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece of content was posted by Markets Daily and is the property of of Markets Daily. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.themarketsdaily.com/2018/01/10/positive-press-coverage-somewhat-unlikely-to-affect-net-element-international-nete-share-price.html.

About Net Element International

Net Element, Inc operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.

Insider Buying and Selling by Quarter for Net Element International (NASDAQ:NETE)

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

Latest News

Leave a Reply