Tejon Ranch (TRC) Getting Somewhat Positive News Coverage, Study Finds
News headlines about Tejon Ranch (NYSE:TRC) have trended somewhat positive on Friday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tejon Ranch earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.691440902569 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Tejon Ranch (TRC) traded down 0.25% during trading on Friday, hitting $19.96. The stock had a trading volume of 17,097 shares. The company’s 50 day moving average price is $20.67 and its 200 day moving average price is $21.68. Tejon Ranch has a 52 week low of $19.71 and a 52 week high of $27.99. The company’s market capitalization is $416.47 million.
Separately, BidaskClub lowered Tejon Ranch from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th.
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About Tejon Ranch
Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five segments: Real Estate-Commercial/Industrial; Real Estate-Resort/Residential; Mineral Resources; Farming Operations, and Ranch Operations. Its Real Estate-Commercial/Industrial segment is engaged in building, land lease activities, and land and building sales.
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