Media headlines about 500.com Limited (NYSE:WBAI) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 500.com Limited earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.7312001170073 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, BidaskClub raised shares of 500.com Limited from a “sell” rating to a “hold” rating in a research note on Saturday, September 2nd.
500.com Limited (WBAI) traded down 3.48% during mid-day trading on Thursday, reaching $11.10. 47,247 shares of the company were exchanged. 500.com Limited has a 1-year low of $8.12 and a 1-year high of $19.98. The stock’s market capitalization is $452.51 million. The stock’s 50-day moving average price is $10.94 and its 200-day moving average price is $11.02.
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500.com Limited Company Profile
500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers.
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