Blue Bird Corporation (NASDAQ:BLBD) Receiving Somewhat Favorable News Coverage, Accern Reports
News articles about Blue Bird Corporation (NASDAQ:BLBD) have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blue Bird Corporation earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news stories about the company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Separately, Stifel Nicolaus upped their price target on Blue Bird Corporation from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, May 12th.
Blue Bird Corporation (BLBD) traded up 0.85% during midday trading on Thursday, reaching $17.75. The company had a trading volume of 27,302 shares. The company’s market capitalization is $420.69 million. Blue Bird Corporation has a 52-week low of $12.87 and a 52-week high of $19.60. The company’s 50 day moving average is $17.42 and its 200-day moving average is $17.46.
In other news, Director Coliseum Capital Management, L sold 5,000 shares of the stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $18.26, for a total transaction of $91,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 380,049 shares of company stock valued at $6,945,147 in the last three months. 16.70% of the stock is owned by insiders.
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