Rackspace Hosting (RAX) Given Media Sentiment Rating of 0.31

News coverage about Rackspace Hosting (NYSE:RAX) has trended positive on Sunday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rackspace Hosting earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave news coverage about the hosting company an impact score of 81 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the near term.

Rackspace Hosting (NYSE:RAX) remained flat at $31.99 during trading on Friday. The firm has a 50-day moving average price of $31.99 and a 200-day moving average price of $31.90. Rackspace Hosting has a 1-year low of $19.65 and a 1-year high of $31.99.

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About Rackspace Hosting

Rackspace Hosting, Inc (Rackspace) operates in the managed cloud segment of the business information technology (IT) market. The Company offers a portfolio of integrated IT solutions for common business needs. The Company offers services for certain applications, including e-commerce and Web content management sites, business-productivity applications, such as e-mail and collaboration, and data stores.

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