Kewaunee Scientific Corporation (KEQU) Receiving Somewhat Favorable Media Coverage, Report Finds
Press coverage about Kewaunee Scientific Corporation (NASDAQ:KEQU) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kewaunee Scientific Corporation earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 48.9956484245274 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Kewaunee Scientific Corporation (KEQU) traded up 1.98% during trading on Wednesday, reaching $28.35. 9,596 shares of the company’s stock were exchanged. The firm has a market capitalization of $76.91 million, a P/E ratio of 17.71 and a beta of 0.08. Kewaunee Scientific Corporation has a 52-week low of $20.95 and a 52-week high of $28.35. The company has a 50 day moving average of $25.77 and a 200 day moving average of $24.05.
Kewaunee Scientific Corporation (NASDAQ:KEQU) last posted its earnings results on Tuesday, August 29th. The technology company reported $0.42 earnings per share (EPS) for the quarter. Kewaunee Scientific Corporation had a net margin of 3.23% and a return on equity of 10.33%. The business had revenue of $33.88 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be paid a $0.17 dividend. The ex-dividend date is Friday, September 8th. This is a positive change from Kewaunee Scientific Corporation’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 2.45%. Kewaunee Scientific Corporation’s dividend payout ratio (DPR) is presently 42.77%.
In other news, Director Donald F. Shaw bought 1,000 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were acquired at an average cost of $27.75 per share, for a total transaction of $27,750.00. Following the purchase, the director now owns 21,000 shares of the company’s stock, valued at approximately $582,750. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 20.20% of the company’s stock.
About Kewaunee Scientific Corporation
Kewaunee Scientific Corporation is engaged in the design, manufacture and installation of laboratory, healthcare and technical furniture products. The Company’s products include steel, wood and laminate furniture, fume hoods, biological safety cabinets, laminar flow and ductless hoods, adaptable modular and column systems, moveable workstations and carts, epoxy resin worksurfaces, sinks, and accessories and related design services.
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