POSCO (PKX) Given News Impact Rating of -1.00
Media stories about POSCO (NYSE:PKX) have trended somewhat negative on Tuesday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. POSCO earned a coverage optimism score of -1.00 on their scale. InfoTrie also gave news articles about the basic materials company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted POSCO’s score:
- POSCO to donate W20 bil. for co-prosperity (koreatimes.co.kr)
- POSCO (PKX) Receiving Somewhat Positive Media Coverage, Study Finds (americanbankingnews.com)
- POSCO (PKX) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- POSCO (PKX) Now Covered by Morgan Stanley (americanbankingnews.com)
Shares of POSCO stock traded up $0.56 during trading hours on Tuesday, reaching $56.61. The company’s stock had a trading volume of 192,900 shares, compared to its average volume of 194,510. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.14 and a current ratio of 1.67. POSCO has a one year low of $55.40 and a one year high of $93.12. The company has a market cap of $20.30 billion, a P/E ratio of 7.30, a PEG ratio of 1.25 and a beta of 1.35.
A number of research firms have recently issued reports on PKX. Zacks Investment Research downgraded shares of POSCO from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 25th. Morgan Stanley began coverage on shares of POSCO in a research report on Wednesday, November 7th. They issued a “weight” rating on the stock. Goldman Sachs Group downgraded shares of POSCO from a “buy” rating to a “neutral” rating in a research report on Monday, October 8th. Finally, Daiwa Capital Markets began coverage on shares of POSCO in a research report on Monday, September 10th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $98.00.
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POSCO Company Profile
POSCO manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized and electrical galvanized steel, electrical and stainless steel, automotive materials, titanium, magnesium, and aluminum-plated products.
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