Miller Industries (MLR) Earns Coverage Optimism Score of 0.09
Media headlines about Miller Industries (NYSE:MLR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. Miller Industries earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the auto parts company an impact score of 46.8131540350004 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
MLR stock traded down $0.50 during mid-day trading on Friday, hitting $28.50. The company had a trading volume of 345 shares, compared to its average volume of 22,232. The firm has a market cap of $325.42 million, a price-to-earnings ratio of 11.63 and a beta of 0.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.45 and a current ratio of 2.13. Miller Industries has a 12 month low of $23.90 and a 12 month high of $29.40.
Miller Industries (NYSE:MLR) last announced its quarterly earnings data on Wednesday, August 8th. The auto parts company reported $0.67 EPS for the quarter. The business had revenue of $176.89 million for the quarter. Miller Industries had a net margin of 4.32% and a return on equity of 13.66%.
In other news, CEO Jeffrey I. Badgley sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $28.36, for a total value of $85,080.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $283,600. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 3.92% of the company’s stock.
About Miller Industries
Miller Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. It offers wreckers, such as conventional tow trucks and recovery vehicles that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms that are used to transport new or disabled vehicles and other equipment.
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