Somewhat Positive Media Coverage Somewhat Unlikely to Impact Medley Capital (MCC) Share Price

Media coverage about Medley Capital (NYSE:MCC) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Medley Capital earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 47.0140809323212 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s rankings:

Shares of Medley Capital traded up $0.21, reaching $3.59, on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 1,588,862 shares, compared to its average volume of 195,861. The firm has a market cap of $184.12 million, a price-to-earnings ratio of 5.36 and a beta of 1.09. Medley Capital has a 52 week low of $3.35 and a 52 week high of $6.55. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 1.14.

Medley Capital (NYSE:MCC) last posted its earnings results on Thursday, August 9th. The investment management company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.08). Medley Capital had a positive return on equity of 6.64% and a negative net margin of 83.68%. equities research analysts forecast that Medley Capital will post 0.39 EPS for the current fiscal year.

A number of analysts have commented on MCC shares. Zacks Investment Research raised Medley Capital from a “sell” rating to a “hold” rating in a report on Thursday, July 12th. National Securities reduced their target price on Medley Capital from $5.00 to $3.00 and set a “neutral” rating for the company in a report on Monday, May 14th. Six equities research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average price target of $5.13.

About Medley Capital

Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.

Further Reading: Are Wall Street analysts’ stock ratings worth following?

Insider Buying and Selling by Quarter for Medley Capital (NYSE:MCC)

Receive News & Ratings for Medley Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medley Capital and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply