Media headlines about New York REIT (NYSE:NYRT) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New York REIT earned a news impact score of 0.17 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.6379734958041 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of New York REIT traded down $0.09, hitting $18.19, during trading on Monday, MarketBeat Ratings reports. 51,700 shares of the stock traded hands, compared to its average volume of 163,399. The company has a current ratio of 18.77, a quick ratio of 18.77 and a debt-to-equity ratio of 0.11. New York REIT has a twelve month low of $17.51 and a twelve month high of $87.60.
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A number of brokerages have commented on NYRT. ValuEngine lowered New York REIT from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. SunTrust Banks set a $26.00 price objective on New York REIT and gave the stock a “hold” rating in a research report on Sunday, March 18th.
About New York REIT
NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.