News stories about 500.com (NYSE:WBAI) have been trending positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. 500.com earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news stories about the company an impact score of 43.5646126812032 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, ValuEngine raised shares of 500.com from a “sell” rating to a “hold” rating in a report on Saturday, February 17th.
Shares of 500.com (WBAI) opened at $19.96 on Wednesday. 500.com has a fifty-two week low of $8.12 and a fifty-two week high of $23.22. The company has a market cap of $831.61, a PE ratio of -28.51 and a beta of -0.08.
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.
Receive News & Ratings for 500.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 500.com and related companies with MarketBeat.com's FREE daily email newsletter.