Mueller Industries (NYSE:MLI) Given Daily Coverage Optimism Score of 0.39
Media stories about Mueller Industries (NYSE:MLI) have trended positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news 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. Mueller Industries earned a news sentiment score of 0.39 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Mueller Industries (NYSE MLI) traded down 0.32% on Tuesday, hitting $30.81. The stock had a trading volume of 129,286 shares. The stock has a 50 day moving average of $30.45 and a 200 day moving average of $33.83. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 17.60 and a beta of 1.37. Mueller Industries has a 12-month low of $27.72 and a 12-month high of $43.96.
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In other Mueller Industries news, Director John B. Hansen sold 2,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $31.05, for a total value of $62,100.00. Following the transaction, the director now owns 45,607 shares in the company, valued at approximately $1,416,097.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.79% of the company’s stock.
About Mueller Industries
Mueller Industries, Inc is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. The Company’s products include copper tube and fittings; line sets; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products, and steel nipples.
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