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Roots (OTCMKTS:RROTF) Earning Very Negative News Coverage, Analysis Finds – TechNewsObserver


News headlines about Roots (OTCMKTS:RROTF) have trended very negative on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Roots earned a coverage optimism score of -3.67 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have impacted Roots’ ranking:

Several equities analysts have recently weighed in on the company. Jefferies Financial Group downgraded Roots from a “buy” rating to a “hold” rating in a report on Monday. BMO Capital Markets cut shares of Roots from an “outperform” rating to a “market perform” rating in a research note on Tuesday, December 3rd.

RROTF opened at $1.52 on Tuesday. Roots has a twelve month low of $1.52 and a twelve month high of $3.43.

Roots Company Profile

Roots Corporation, together with its subsidiaries, provides women’s, men’s, kids, toddler, and baby apparel; leather goods; footwear; and accessories under the Roots brand. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company’s corporate retail stores and e-commerce.

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