Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Xunlei (XNET) Share Price

Media stories about Xunlei (NASDAQ:XNET) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing 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. Xunlei earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 44.1778729393296 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

XNET has been the topic of several research analyst reports. BidaskClub cut shares of Xunlei from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. TheStreet raised shares of Xunlei from a “d+” rating to a “c-” rating in a research note on Monday, November 13th. Finally, ValuEngine raised shares of Xunlei from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

Xunlei (XNET) traded up $1.17 on Thursday, hitting $13.97. 1,975,200 shares of the stock traded hands, compared to its average volume of 5,562,841. Xunlei has a twelve month low of $3.11 and a twelve month high of $27.00. The company has a market capitalization of $851.74, a PE ratio of -18.88 and a beta of 1.33.

Xunlei (NASDAQ:XNET) last announced its quarterly earnings data on Thursday, November 16th. The software maker reported ($0.38) earnings per share (EPS) for the quarter. Xunlei had a negative net margin of 29.18% and a negative return on equity of 12.38%. The business had revenue of $47.32 million during the quarter.

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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.

Insider Buying and Selling by Quarter for Xunlei (NASDAQ:XNET)

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