News articles about Culp (NYSE:CULP) have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Culp earned a media sentiment score of -0.07 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.5027082905939 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Separately, ValuEngine lowered Culp from a “buy” rating to a “hold” rating in a research note on Friday, June 9th.

Shares of Culp (CULP) traded up 2.44% during trading on Friday, hitting $32.75. The stock had a trading volume of 42,017 shares. Culp has a 12 month low of $26.80 and a 12 month high of $37.80. The company’s 50 day moving average price is $28.75 and its 200 day moving average price is $31.26. The stock has a market cap of $404.69 million, a price-to-earnings ratio of 18.40 and a beta of 0.25.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Monday, October 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, September 29th. Culp’s payout ratio is 18.18%.

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About Culp

Culp, Inc is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The Company is engaged in the manufacture, sourcing and marketing of mattress fabrics and sewn covers used for covering mattresses and box springs, and upholstery fabrics, including cut and sewn kits used in production of upholstered furniture.

Insider Buying and Selling by Quarter for Culp (NYSE:CULP)

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