Renren (RENN) Receiving Somewhat Negative Media Coverage, Analysis Shows

News headlines about Renren (NYSE:RENN) have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Renren earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.103283061023 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

Shares of Renren traded up $0.11, reaching $2.21, on Friday, Marketbeat Ratings reports. The company’s stock had a trading volume of 185,631 shares, compared to its average volume of 233,865. Renren has a 1 year low of $1.66 and a 1 year high of $18.70. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.97 and a current ratio of 1.28. The firm has a market cap of $144.47 million, a PE ratio of -1.37 and a beta of 0.63.

Renren (NYSE:RENN) last posted its earnings results on Tuesday, June 19th. The technology company reported ($0.45) earnings per share for the quarter. Renren had a negative net margin of 42.22% and a negative return on equity of 17.68%. The business had revenue of $140.48 million during the quarter. equities analysts predict that Renren will post -0.44 EPS for the current year.

Separately, ValuEngine lowered shares of Renren from a “buy” rating to a “hold” rating in a report on Friday, June 22nd.

Renren Company Profile

Renren Inc operates a social networking Internet platform in the People's Republic of China. It operates through two segments, Renren and Auto Group. The company operates and Renren Mobile App that enable users to communicate and stay connected with friends, classmates, family members, and co-workers; and, a PC-based social video platform for users to stream their performances live to viewers.

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Insider Buying and Selling by Quarter for Renren (NYSE:RENN)

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