Somewhat Positive Press Coverage Somewhat Unlikely to Impact Gafisa SA (NYSE:GFA) Share Price
Headlines about Gafisa SA (NYSE:GFA) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gafisa SA earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 45.2527844668998 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Gafisa SA (NYSE GFA) traded up 1.36% during trading on Monday, reaching $7.47. The company’s stock had a trading volume of 59,320 shares. The firm’s market cap is $100.82 million. The stock’s 50 day moving average is $7.21 and its 200 day moving average is $7.13. Gafisa SA has a one year low of $5.92 and a one year high of $26.83.
Separately, Credit Suisse Group cut Gafisa SA from a “neutral” rating to an “underperform” rating in a research note on Monday, May 15th.
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About Gafisa SA
Gafisa SA is a diversified national homebuilder. The Company’s segments are Gafisa (for ventures targeted at high and medium income) and Tenda (for ventures targeted at low income). The Company’s brands include Tenda, which serves the affordable entry-level housing segments, Gafisa, which offers a range of residential options to the mid to higher income segments and Alphaville (equity method investment), which focuses on the identification, development and sale of residential communities.
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