eLong (LONG) Receiving Favorable Media Coverage, Analysis Finds

Press coverage about eLong (NASDAQ:LONG) has trended positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. eLong earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 42.7085107891401 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of eLong (NASDAQ:LONG) traded up $0.11 during trading hours on Friday, hitting $18.00. 51,300 shares of the company were exchanged, compared to its average volume of 33,546. eLong has a twelve month low of $12.62 and a twelve month high of $21.40. The company has a market cap of $674.14, a P/E ratio of -4.28 and a beta of -0.01.

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eLong Company Profile

eLong, Inc provides mobile and online accommodation reservations in China. The Company offers consumers an accommodation network of domestic and international properties across the world. The Company enables travelers to make informed accommodation booking decisions through its Website, mobile applications and tools, such as destination guides, photos, virtual tours, maps and user reviews.

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