Somewhat Favorable News Coverage Somewhat Unlikely to Affect RLJ Entertainment (RLJE) Stock Price

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News headlines about RLJ Entertainment (NASDAQ:RLJE) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RLJ Entertainment earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.4170603670829 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of RLJE traded up $0.03 during trading hours on Friday, hitting $6.25. The stock had a trading volume of 93 shares, compared to its average volume of 18,403. The company has a debt-to-equity ratio of -6.81, a quick ratio of 1.57 and a current ratio of 1.64. RLJ Entertainment has a 1-year low of $2.86 and a 1-year high of $6.34.

RLJ Entertainment (NASDAQ:RLJE) last issued its earnings results on Thursday, August 9th. The company reported ($0.15) EPS for the quarter. The firm had revenue of $21.47 million during the quarter.

RLJ Entertainment Company Profile

RLJ Entertainment, Inc, a digital channel company, controls, co-produces, and owns a library of content in British mysteries and dramas, independent feature films, and urban content in the United States, the United Kingdom, and internationally. It operates through three segments: Digital Channels, IP Licensing, and Wholesale Distribution.

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