News articles about Square (NYSE:SQ) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Square earned a news impact score of 0.05 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.2788719926385 out of 100, meaning 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 headlines that may have impacted Accern’s analysis:
Shares of Square (NYSE:SQ) traded down $0.18 during midday trading on Friday, reaching $44.11. 10,389,795 shares of the company were exchanged, compared to its average volume of 16,280,000. Square has a one year low of $13.99 and a one year high of $49.56. The stock has a market cap of $17,140.00 and a PE ratio of -259.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.81 and a current ratio of 1.81.
SQ has been the subject of several recent research reports. Vetr downgraded shares of Square from a “buy” rating to a “hold” rating and set a $45.60 target price for the company. in a research report on Monday, November 20th. Cantor Fitzgerald boosted their target price on shares of Square to $41.00 and gave the stock an “overweight” rating in a research report on Thursday, November 9th. Oppenheimer reaffirmed a “buy” rating on shares of Square in a research report on Monday, November 20th. Evercore ISI raised shares of Square from an “in-line” rating to an “outperform” rating and set a $51.00 price objective for the company in a research report on Friday, November 17th. Finally, Zacks Investment Research downgraded shares of Square from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty-five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $37.13.
In other news, insider Ajmere Dale sold 2,814 shares of Square stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $37.23, for a total value of $104,765.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James Morgan Jr. Mckelvey sold 400,000 shares of Square stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $38.15, for a total transaction of $15,260,000.00. Following the completion of the sale, the director now owns 67,732 shares of the company’s stock, valued at $2,583,975.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,266,741 shares of company stock valued at $49,532,769. 32.68% of the stock is owned by company insiders.
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Square, Inc (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment.
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