Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Cablevision Systems (CVC) Share Price
News stories about Cablevision Systems (NYSE:CVC) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies negative and positive press 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 one, with scores closest to one being the most favorable. Cablevision Systems earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.2021896096449 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Cablevision Systems (NYSE CVC) traded down $0.01 on Monday, reaching $34.87. The company had a trading volume of 2,502,200 shares, compared to its average volume of 2,988,548. Cablevision Systems has a 52 week low of $21.37 and a 52 week high of $34.91. The stock has a market cap of $9,630.00, a price-to-earnings ratio of 42.52 and a beta of 0.91.
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Cablevision Systems Corporation (Cablevision), through its subsidiary, CSC Holdings, LLC (CSC Holdings), operates cable operations business in the United States. The Company operates in three segments: Cable, Lightpath and Other. The Company’s Cable segment offers Cable television service, which delivers multiple channels of video programming to subscribers who pay a monthly fee for the services they receive.
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