Net Element (NETE) Receiving Favorable Media Coverage, Report Shows

Media coverage about Net Element (NASDAQ:NETE) has been trending positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Net Element earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

Net Element (NETE) traded down 7.35% during trading on Friday, hitting $0.44. 88,369 shares of the stock were exchanged. Net Element has a 12 month low of $0.42 and a 12 month high of $2.39. The stock’s 50 day moving average price is $0.58 and its 200 day moving average price is $0.77. The stock’s market cap is $7.76 million.

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