New York REIT (NYRT) Getting Somewhat Favorable News Coverage, Study Shows

Headlines about New York REIT (NYSE:NYRT) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. New York REIT earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.7164612981826 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Separately, BidaskClub lowered shares of New York REIT from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th.

New York REIT (NYSE:NYRT) traded down 0.53% during midday trading on Thursday, hitting $7.54. 1,394,091 shares of the stock traded hands. The company has a 50-day moving average of $7.83 and a 200-day moving average of $8.53. The stock’s market cap is $1.26 billion. New York REIT has a 12 month low of $7.25 and a 12 month high of $10.15.

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New York REIT Company Profile

New York REIT, Inc is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet.

Insider Buying and Selling by Quarter for New York REIT (NYSE:NYRT)

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