Somewhat Positive Media Coverage Somewhat Unlikely to Impact Mueller Industries (MLI) Share Price
News headlines about Mueller Industries (NYSE:MLI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mueller Industries earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.6379984373104 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s rankings:
- See what the IHS Markit Score report has to say about Mueller Industries Inc. (finance.yahoo.com)
- Mueller Industries, Inc. breached its 50 day moving average in a Bearish Manner : MLI-US : August 11, 2017 (finance.yahoo.com)
- ETFs with exposure to Mueller Industries, Inc. : August 11, 2017 (finance.yahoo.com)
- 20.3% Return Seen to Date on SmarTrend Mueller Inds Call (MLI) (mysmartrend.com)
Mueller Industries (NYSE:MLI) traded down 0.80% during midday trading on Friday, reaching $29.65. The company’s stock had a trading volume of 166,374 shares. Mueller Industries has a 1-year low of $27.72 and a 1-year high of $43.96. The firm has a market capitalization of $1.71 billion, a PE ratio of 16.93 and a beta of 1.37. The firm has a 50 day moving average price of $30.49 and a 200 day moving average price of $33.53.
In other news, Director John B. Hansen sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $31.05, for a total transaction of $62,100.00. Following the sale, the director now directly owns 45,607 shares in the company, valued at $1,416,097.35. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.79% of the company’s stock.
Mueller Industries Company Profile
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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