8point3 Energy Partners (CAFD) Getting Somewhat Favorable News Coverage, Study Shows
Media headlines about 8point3 Energy Partners (NASDAQ:CAFD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. 8point3 Energy Partners earned a daily sentiment score of 0.01 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 46.1070478935197 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
8point3 Energy Partners (CAFD) traded up $0.18 during mid-day trading on Thursday, hitting $15.20. 64,400 shares of the stock traded hands, compared to its average volume of 239,390. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.26 and a current ratio of 3.26. 8point3 Energy Partners has a 1 year low of $11.51 and a 1 year high of $15.79.
8point3 Energy Partners (NASDAQ:CAFD) last released its quarterly earnings results on Wednesday, October 4th. The energy company reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.38). The firm had revenue of $27.74 million for the quarter, compared to analysts’ expectations of $25.85 million. 8point3 Energy Partners had a net margin of 23.13% and a return on equity of 1.87%. analysts forecast that 8point3 Energy Partners will post 0.53 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/11/24/8point3-energy-partners-cafd-getting-somewhat-favorable-news-coverage-study-shows.html.
8point3 Energy Partners Company Profile
8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. As of November 30, 2016, Company’s portfolio comprised interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories.
Receive News & Stock Ratings for 8point3 Energy Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 8point3 Energy Partners LP and related stocks with our FREE daily email newsletter.