AVX (AVX) Getting Somewhat Positive Press Coverage, Analysis Shows
Press coverage about AVX (NYSE:AVX) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. AVX earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the electronics maker an impact score of 46.8137532308406 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- AVX (AVX) Upgraded to Buy at Zacks Investment Research (americanbankingnews.com)
- AVX (AVX) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- Monday: Intel defector touts Arm server chip. Wednesday: Intel shows off new server chips (theregister.co.uk)
- Micro Server (pcper.com)
- AVX Acquires Innovative, Award-Winning Antenna Company, Ethertronics (finance.yahoo.com)
Shares of AVX (AVX) opened at $16.99 on Thursday. AVX has a 1 year low of $15.38 and a 1 year high of $20.22. The firm has a market cap of $2,855.45, a price-to-earnings ratio of 339.87 and a beta of 0.83.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 5th. Investors of record on Friday, February 23rd will be given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 2.71%. The ex-dividend date is Thursday, February 22nd. AVX’s dividend payout ratio is presently 920.18%.
Several equities research analysts recently weighed in on AVX shares. Zacks Investment Research cut shares of AVX from a “strong-buy” rating to a “sell” rating in a research report on Monday, October 30th. ValuEngine upgraded shares of AVX from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st.
In other AVX news, insider Zahir Dhanani purchased 300,000 shares of AVX stock in a transaction that occurred on Thursday, January 18th. The shares were bought at an average price of $0.09 per share, for a total transaction of $27,000.00. Insiders purchased 820,000 shares of company stock worth $91,480 in the last 90 days. 0.50% of the stock is currently owned by company insiders.
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AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.
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