Patriot National (PN) Receives News Impact Score of -0.02
News coverage about Patriot National (NYSE:PN) has trended somewhat negative this week, according to AlphaOne. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Patriot National earned a news sentiment score of -0.02 on AlphaOne’s scale. AlphaOne also assigned media stories about the financial services provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s scoring:
- EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Filing of Amended Complaint on Behalf of Shareholders of Patriot National, Inc. – PN (money.ca)
- Levi & Korsinsky, LLP Reminds Shareholders of Filing of Amended Complaint on Behalf of Shareholders of Patriot National, Inc. – PN (4-traders.com)
- Khang & Khang LLP Announces Securities Class Action Lawsuit against Patriot National, Inc. and Reminds Investors with Losses to Contact the Firm (4-traders.com)
- DEADLINE ALERT: Brower Piven Alerts Shareholders of Approaching Deadline in Class Action Lawsuit and Encourages Those with Losses in Excess of $100,000 from Investment in Patriot National, Inc. to Contact the Firm (finance.yahoo.com)
- Patriot National (PN) Receiving Somewhat Favorable Press Coverage, Analysis Finds (americanbankingnews.com)
Several research firms have recently commented on PN. JMP Securities lowered shares of Patriot National from an “outperform” rating to a “market perform” rating in a research report on Friday, March 10th. Compass Point lowered shares of Patriot National from a “buy” rating to a “neutral” rating in a research report on Wednesday, March 8th. Finally, Zacks Investment Research raised shares of Patriot National from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 17th.
Patriot National (NYSE:PN) traded down 0.47% during mid-day trading on Friday, hitting $2.10. 35,727 shares of the stock traded hands. Patriot National has a 12 month low of $2.00 and a 12 month high of $9.95. The stock’s 50 day moving average is $2.71 and its 200-day moving average is $5.02. The company’s market cap is $65.76 million.
Patriot National (NYSE:PN) last issued its earnings results on Tuesday, March 14th. The financial services provider reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.18. Patriot National had a net margin of 5.81% and a return on equity of 13.44%. The business earned $51.50 million during the quarter, compared to analysts’ expectations of $64.77 million. Patriot National’s revenue was down 15.4% on a year-over-year basis. On average, equities research analysts anticipate that Patriot National will post $0.11 EPS for the current year.
TRADEMARK VIOLATION NOTICE: “Patriot National (PN) Receives News Impact Score of -0.02” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/21/patriot-national-pn-receives-news-impact-score-of-0-02.html.
About Patriot National
Patriot National, Inc is an independent national provider of technology-enabled outsourcing solutions that help insurance carriers, employers and other clients mitigate risk and comply with complex regulations. It offers a range of end-to-end insurance related and specialty services. The Company principally offers approximately two types of services: front-end services, such as brokerage, underwriting and policyholder services, and back-end services, such as claims adjudication and administration.
Receive News & Stock Ratings for Patriot National Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patriot National Inc and related stocks with our FREE daily email newsletter.