News coverage about Fortress Investment Group (NYSE:FIG) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news 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 closest to one being the most favorable. Fortress Investment Group earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 45.7296729329397 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Fortress Investment Group (NYSE:FIG) remained flat at $$7.85 during trading hours on Monday. 1,246,449 shares of the company’s stock were exchanged, compared to its average volume of 2,591,795. The stock has a market capitalization of $3,050.60, a PE ratio of 5.57 and a beta of 1.89. Fortress Investment Group has a 12 month low of $4.78 and a 12 month high of $8.05.
FIG has been the subject of several recent analyst reports. Zacks Investment Research raised Fortress Investment Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. BidaskClub lowered Fortress Investment Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th.
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Fortress Investment Group Company Profile
Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).
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