Orion Engineered Carbons S.A (NYSE:OEC) Earns News Sentiment Score of 0.56
Headlines about Orion Engineered Carbons S.A (NYSE:OEC) have trended very positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Orion Engineered Carbons S.A earned a coverage optimism score of 0.56 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Orion Engineered Carbons SA (NYSE:OEC) Trading Volume Significantly Higher (hoyentv.com)
- Orion Engineered Carbons SA (OEC) Given Average Recommendation of “Buy” by Brokerages (healthcaremenu.net)
- Financial Contrast: Orion Engineered Carbons S.A (NYSE:OEC) & W.R. Grace & Co. (GRA) (americanbankingnews.com)
- A Global Leader in the Growing Carbon-Black Industry (barrons.com)
- Orion Engineered Carbons SA (OEC) Stock Is Rising Now (cote-ivoire.com)
Orion Engineered Carbons S.A (NYSE OEC) traded up 5.70% during midday trading on Friday, hitting $22.25. The stock had a trading volume of 399,701 shares. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 24.92 and a beta of 0.49. Orion Engineered Carbons S.A has a 52 week low of $15.96 and a 52 week high of $22.70. The firm has a 50 day moving average of $18.39 and a 200 day moving average of $19.74.
The firm also recently announced a dividend, which was paid on Friday, June 30th. Investors of record on Monday, June 5th were paid a dividend of $0.189 per share. This is an increase from Orion Engineered Carbons S.A’s previous dividend of $0.18. The ex-dividend date was Thursday, June 1st. Orion Engineered Carbons S.A’s payout ratio is 87.21%.
A number of research analysts recently issued reports on the stock. Goldman Sachs Group, Inc. (The) raised shares of Orion Engineered Carbons S.A from a “neutral” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Friday. Zacks Investment Research raised shares of Orion Engineered Carbons S.A from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Tuesday, July 11th. BidaskClub raised shares of Orion Engineered Carbons S.A from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 1st. ValuEngine cut Orion Engineered Carbons S.A from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Berenberg Bank started coverage on Orion Engineered Carbons S.A in a report on Tuesday, May 16th. They issued a “buy” rating and a $26.00 target price on the stock. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $22.00.
ILLEGAL ACTIVITY NOTICE: “Orion Engineered Carbons S.A (NYSE:OEC) Earns News Sentiment Score of 0.56” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/07/16/orion-engineered-carbons-s-a-oec-given-daily-media-sentiment-score-of-0-56-updated-updated-updated.html.
Orion Engineered Carbons S.A Company Profile
Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.
Receive News & Stock Ratings for Orion Engineered Carbons S.A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Engineered Carbons S.A and related stocks with our FREE daily email newsletter.