Loral Space & Communications (LORL) Earning Somewhat Positive Press Coverage, Study Finds

Headlines about Loral Space & Communications (NASDAQ:LORL) have trended somewhat positive on Wednesday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Loral Space & Communications earned a news impact score of 0.19 on Accern’s scale. Accern also gave news articles about the communications equipment provider an impact score of 48.2860298295311 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Loral Space & Communications opened at $38.65 on Wednesday, MarketBeat reports. Loral Space & Communications has a 1 year low of $38.50 and a 1 year high of $38.55.

A number of research analysts have recently issued reports on the company. BidaskClub upgraded Loral Space & Communications from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. ValuEngine lowered Loral Space & Communications from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.

Loral Space & Communications Company Profile

Loral Space & Communications Inc, a satellite communications company, provides satellite-based communications services to broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2017, the company provided satellite services to its customers through a fleet of 15 in-orbit satellites; and owns the Canadian Ka-band payload on the ViaSat-1 satellite.

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