Somewhat Positive Media Coverage Unlikely to Impact Central European Media Enterprises (CETV) Share Price

News coverage about Central European Media Enterprises (NASDAQ:CETV) has been trending somewhat positive this week, according to Alpha One. Alpha One, a division of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central European Media Enterprises earned a media sentiment score of 0.03 on Alpha One’s scale. Alpha One also assigned media headlines about the company an impact score of 29 out of 100, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the next few days.

Insider Buying and Selling by Quarter for Central European Media Enterprises (NASDAQ:CETV)

CETV has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Central European Media Enterprises from a “buy” rating to a “sell” rating in a research note on Monday, June 5th. TheStreet raised shares of Central European Media Enterprises from a “d” rating to a “c” rating in a research note on Wednesday, May 17th.

Central European Media Enterprises (NASDAQ CETV) traded up 1.19% during trading on Friday, reaching $4.25. 536,748 shares of the company’s stock traded hands. The company has a 50 day moving average price of $4.11 and a 200-day moving average price of $3.18. Central European Media Enterprises has a 12-month low of $2.03 and a 12-month high of $4.45. The company’s market cap is $613.79 million.

Central European Media Enterprises (NASDAQ:CETV) last released its quarterly earnings data on Wednesday, April 26th. The company reported ($0.09) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.07. The company had revenue of $135 million for the quarter. On average, equities research analysts forecast that Central European Media Enterprises will post ($0.01) EPS for the current fiscal year.

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Central European Media Enterprises Company Profile

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

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