Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Net Element (NETE) Stock Price

News stories about Net Element (NASDAQ:NETE) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Net Element earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.9864237362727 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Separately, ValuEngine upgraded Net Element from a “hold” rating to a “buy” rating in a report on Monday, June 11th.

Net Element traded up $0.19, hitting $7.44, on Tuesday, according to MarketBeat.com. The company’s stock had a trading volume of 710 shares, compared to its average volume of 193,935. Net Element has a 52-week low of $2.60 and a 52-week high of $33.51. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $28.93 million, a P/E ratio of -1.44 and a beta of 0.67.

Net Element (NASDAQ:NETE) last announced its earnings results on Monday, May 14th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.01. Net Element had a negative return on equity of 125.43% and a negative net margin of 14.46%. The firm had revenue of $15.98 million during the quarter, compared to analyst estimates of $14.20 million. sell-side analysts predict that Net Element will post -1.57 earnings per share for the current year.

About Net Element

Net Element, Inc operates as a financial technology and value-added solutions company. It operates in two segments, North American Transaction Solutions, and International Transaction Solutions. The company offers a range of payment acceptance and processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and value-added services and technologies, such as integrated payment technologies, point-of-sale solutions (POS), security solutions, fraud management, information solutions, and analytical tools.

Insider Buying and Selling by Quarter for Net Element (NASDAQ:NETE)

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