Fang (SFUN) Getting Somewhat Positive Press Coverage, Study Shows

News coverage about Fang (NYSE:SFUN) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 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. Fang earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.3990031478015 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

A number of analysts recently commented on SFUN shares. Bank of America reaffirmed a “buy” rating and set a $4.63 price target (down from $5.30) on shares of Fang in a research report on Tuesday, December 26th. Zacks Investment Research raised Fang from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a research report on Wednesday, January 17th. Finally, ValuEngine downgraded Fang from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $4.96.

Shares of Fang (SFUN) traded up $0.31 on Wednesday, hitting $4.80. The company had a trading volume of 3,301,695 shares, compared to its average volume of 2,990,658. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $2,028.57, a P/E ratio of -240.00 and a beta of 1.28. Fang has a one year low of $2.46 and a one year high of $5.58.

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About Fang

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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