Moneygram International (MGI) Receiving Favorable Media Coverage, Report Shows

News articles about Moneygram International (NASDAQ:MGI) have been trending positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty 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. Moneygram International earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.8722520254432 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

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

A number of brokerages have recently issued reports on MGI. Zacks Investment Research cut Moneygram International from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. BidaskClub cut Moneygram International from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. JPMorgan Chase & Co. cut Moneygram International from a “neutral” rating to an “underweight” rating in a report on Tuesday, December 12th. Finally, ValuEngine raised Moneygram International from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $17.70.

Shares of Moneygram International (MGI) traded up $0.42 on Friday, hitting $11.74. The stock had a trading volume of 340,000 shares, compared to its average volume of 1,752,514. Moneygram International has a fifty-two week low of $9.92 and a fifty-two week high of $17.92. The company has a debt-to-equity ratio of -2.47, a quick ratio of 0.05 and a current ratio of 0.05. The firm has a market cap of $613.90, a PE ratio of 26.09 and a beta of 1.79.

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Moneygram International Company Profile

MoneyGram International, Inc (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company’s Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers.

Insider Buying and Selling by Quarter for Moneygram International (NASDAQ:MGI)

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