Somewhat Positive News Coverage Somewhat Unlikely to Impact Acorn International (ATV) Stock Price

News coverage about Acorn International (NYSE:ATV) has trended somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Acorn International earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8966499966248 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Acorn International (NYSE:ATV) traded up 0.7771% during midday trading on Friday, hitting $14.0584. 359 shares of the stock were exchanged. Acorn International has a 52 week low of $5.99 and a 52 week high of $18.24. The firm’s 50-day moving average is $14.78 and its 200 day moving average is $12.52. The stock has a market cap of $55.24 million, a price-to-earnings ratio of 15.4488 and a beta of -0.96.

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About Acorn International

Acorn International, Inc is a marketing and branding company in China that develops, promotes and sells a portfolio of branded products. The Company’s business is comprised of two main divisions, direct-sales platforms and its nationwide distribution network. The direct-sales business involves marketing and selling products directly to consumers in China through its outbound marketing platform and Internet sales platform.

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