Plymouth Industrial Reit (PLYM) Receiving Somewhat Favorable Media Coverage, Study Finds
Headlines about Plymouth Industrial Reit (NASDAQ:PLYM) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Plymouth Industrial Reit earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.1237522766963 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, DA Davidson assumed coverage on shares of Plymouth Industrial Reit in a research report on Tuesday, June 20th. They issued a “buy” rating and a $21.00 target price on the stock.
Plymouth Industrial Reit (PLYM) opened at 18.20 on Thursday. The company has a 50-day moving average of $17.81 and a 200-day moving average of $17.93. The stock’s market cap is $69.38 million. Plymouth Industrial Reit has a 12 month low of $16.50 and a 12 month high of $19.00.
About Plymouth Industrial Reit
Plymouth Industrial REIT, Inc, formerly Plymouth Opportunity REIT, Inc, is a self-administered and self-managed real estate investment trust. The Company primarily focused on single-tenant industrial properties and multi-tenant industrial properties. The Company also focused on the acquisition, ownership and management of single-and multi-tenant class B industrial properties, including distribution centers, warehouses and light industrial properties, primarily located in secondary and select primary markets across the Eastern half of the United States and Texas.
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