GDS (NASDAQ:GDS) Earning Somewhat Favorable News Coverage, Report Finds

Media stories about GDS (NASDAQ:GDS) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. GDS earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.3011544189601 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several research firms have recently commented on GDS. BidaskClub raised shares of GDS from a “hold” rating to a “buy” rating in a research note on Thursday, October 12th. Credit Suisse Group reissued a “neutral” rating and issued a $23.00 price objective on shares of GDS in a research note on Wednesday, December 20th. Finally, Royal Bank of Canada raised their price objective on shares of GDS to $26.00 and gave the company an “outperform” rating in a research note on Wednesday, December 13th.

Shares of GDS (NASDAQ GDS) traded down $1.22 during trading on Thursday, reaching $23.97. 730,400 shares of the company were exchanged, compared to its average volume of 279,914. GDS has a one year low of $6.90 and a one year high of $25.30. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $2,760.00 and a P/E ratio of -41.33.

ILLEGAL ACTIVITY NOTICE: This piece of content was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/11/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-gds-gds-share-price.html.

GDS Company Profile

GDS Holdings Ltd is a developer and operator of data centers in China. The Company is engaged in design, build-out and operation of data centers. It operates as a carrier and cloud neutral, which enables its customers to connect to all the People’s Republic of China telecommunications carriers, and to access a number of the People’s Republic of China cloud service providers, whom it hosts in its facilities.

Insider Buying and Selling by Quarter for GDS (NASDAQ:GDS)

Receive News & Ratings for GDS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GDS and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply