Somewhat Positive Press Coverage Somewhat Unlikely to Impact Industrias Bachoco (IBA) Share Price
News articles about Industrias Bachoco (NYSE:IBA) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Industrias Bachoco earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.0078443918364 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Industrias Bachoco (NYSE IBA) opened at $58.51 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.23 and a current ratio of 2.93. The company has a market cap of $3,003.00, a P/E ratio of 12.92 and a beta of 0.33. Industrias Bachoco has a fifty-two week low of $45.32 and a fifty-two week high of $67.61.
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Industrias Bachoco, SAB. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in Mexico, and a production complex in the United States. Bachoco operates through two segments: poultry and others.
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