Media coverage about MDC Partners (NASDAQ:MDCA) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MDC Partners earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.0660381152557 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
MDC Partners (MDCA) remained flat at $$9.60 during trading on Friday. The company had a trading volume of 595,500 shares, compared to its average volume of 297,893. The stock has a market capitalization of $560.26, a P/E ratio of 30.00, a PEG ratio of 2.62 and a beta of 1.25. MDC Partners has a twelve month low of $6.80 and a twelve month high of $12.26. The company has a debt-to-equity ratio of -1.94, a quick ratio of 0.71 and a current ratio of 0.71.
Several analysts recently commented on MDCA shares. Zacks Investment Research upgraded MDC Partners from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Tuesday, January 2nd. BidaskClub cut MDC Partners from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Wells Fargo & Co reiterated a “hold” rating and issued a $12.00 target price on shares of MDC Partners in a report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. MDC Partners presently has a consensus rating of “Hold” and a consensus price target of $11.83.
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About MDC Partners
MDC Partners Inc is a provider of global marketing, advertising, activation, communications and strategic consulting solutions. The Company and its subsidiary agencies (Partner Firms) deliver a range of customized services. The Company’s segments include Reportable Segment, All Other and Corporate. The Reportable segment consists of the Company’s integrated advertising, media and public relations service companies.
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