News stories about PPDAI Group (NYSE:PPDF) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PPDAI Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.8268620913222 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of PPDAI Group (NYSE PPDF) traded down $0.90 during trading hours on Thursday, hitting $7.16. The company had a trading volume of 3,164,557 shares, compared to its average volume of 1,616,672. PPDAI Group has a 1 year low of $6.88 and a 1 year high of $14.63.
A number of analysts recently issued reports on the company. Citigroup assumed coverage on PPDAI Group in a research report on Wednesday. They set a “buy” rating for the company. Credit Suisse Group assumed coverage on PPDAI Group in a research report on Wednesday. They set an “outperform” rating and a $12.00 price objective for the company.
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About PPDAI Group
PPDAI Group Inc is an online consumer finance marketplace company in China. The Company is focused on delivering accessible and convenient financial services to borrowers and investors. The Company’s products and services include Loan services offered to borrowers, and Investment services offered to investors.
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