Somewhat Positive Press Coverage Somewhat Unlikely to Impact Town Sports International (NASDAQ:CLUB) Share Price

Media stories about Town Sports International (NASDAQ:CLUB) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press 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 nearest to one being the most favorable. Town Sports International earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.660579088248 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Shares of Town Sports International (CLUB) opened at $6.05 on Monday. The company has a debt-to-equity ratio of -1.95, a current ratio of 0.95 and a quick ratio of 0.94. Town Sports International has a 12-month low of $3.00 and a 12-month high of $7.15.

Several analysts have issued reports on the company. ValuEngine upgraded Town Sports International from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research cut Town Sports International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th.

In related news, insider Michelle Ryan sold 11,316 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $5.98, for a total value of $67,669.68. Following the completion of the transaction, the insider now directly owns 18,333 shares in the company, valued at $109,631.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Carolyn Spatafora sold 11,546 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $5.74, for a total value of $66,274.04. Following the completion of the transaction, the chief financial officer now owns 218,729 shares of the company’s stock, valued at $1,255,504.46. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,097 shares of company stock valued at $170,174. Corporate insiders own 19.00% of the company’s stock.

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About Town Sports International

Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.

Insider Buying and Selling by Quarter for Town Sports International (NASDAQ:CLUB)

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