Somewhat Positive Media Coverage Somewhat Unlikely to Impact CommerceHub (CHUBK) Stock Price

Media headlines about CommerceHub (NASDAQ:CHUBK) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CommerceHub earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.9332985833941 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

CommerceHub (NASDAQ CHUBK) traded up $0.75 on Friday, reaching $20.75. The company had a trading volume of 148,725 shares, compared to its average volume of 162,692. CommerceHub has a 12-month low of $13.73 and a 12-month high of $22.50. The firm has a market capitalization of $867.60 and a PE ratio of 74.11.

CommerceHub (NASDAQ:CHUBK) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.05 EPS for the quarter.

Separately, BidaskClub raised CommerceHub from a “hold” rating to a “buy” rating in a report on Saturday, December 16th.

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About CommerceHub

CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.

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