Somewhat Positive Media Coverage Somewhat Unlikely to Affect Gravity (GRVY) Share Price

Media coverage about Gravity (NASDAQ:GRVY) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gravity earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.9672232973618 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Several equities research analysts recently commented on the company. BidaskClub raised Gravity from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 5th. ValuEngine upgraded shares of Gravity from a “hold” rating to a “buy” rating in a research report on Thursday, May 3rd.

Gravity stock traded down $7.56 during mid-day trading on Friday, hitting $58.50. The company’s stock had a trading volume of 76,373 shares, compared to its average volume of 22,555. The firm has a market cap of $203.23 million, a price-to-earnings ratio of 14.55 and a beta of 0.10. Gravity has a twelve month low of $13.18 and a twelve month high of $108.97.

Gravity (NASDAQ:GRVY) last posted its quarterly earnings results on Friday, April 27th. The technology company reported $0.96 earnings per share (EPS) for the quarter. Gravity had a net margin of 7.97% and a return on equity of 39.73%. The firm had revenue of $62.50 million for the quarter.

Gravity Company Profile

Gravity Co, Ltd. develops and publishes online games in South Korea, Japan, the United States, Canada, Taiwan, Hong Kong, Macau, China, and internationally. It offers online games; mobile games and applications; and other games and game-related products and services, including character-based merchandise and animation.

Insider Buying and Selling by Quarter for Gravity (NASDAQ:GRVY)

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