Cobalt International Energy Receives Daily Sentiment Score of 0.16

Cobalt International Energy (NYSE:CIE) has been getting covered frequently in the news as of late. This trend is looking positive, according to Accern Sentiment Analysis, which is reflected in the daily sentiment score given to the company by the research firm.

The daily sentiment score determines how favorably a company is coming off in the news. It is determined by analyzing over 20 million blog and news sources in real time. The ranking runs on a scale of negative one to positive one, with scores closest to one being the most favorable.

Cobalt International Energy, based on its recent news coverage, was given a daily sentiment score of 0.16 by Accern. The daily sentiment score, while it does show the general sentiment about the company, doesn’t translate to a boost (or loss) in stock from that positive (or negative/neutral) sentiment. That is what the impact score looks into. The impact score is ranked out of 100, and the further off from 100 the score is, the less likely any recent press coverage is going to have any sort of impact on the stock’s share price in the next few days. Cobalt International Energy was given an impact score of 46.1873575533846.

The company opened at $0.50 on Wednesday, with a debt-to-equity ratio of -1.70, a quick ratio of 1.61, and a current ratio of 1.61. It has a 52-week low of $0.35 and a 52-week high of $21.90.

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About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.