Somewhat Favorable News Coverage Very Unlikely to Affect Oppenheimer (OPY) Stock Price
Media stories about Oppenheimer (NYSE:OPY) have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Oppenheimer earned a news impact score of 1.13 on their scale. InfoTrie also gave news articles about the financial services provider an news buzz score of 2 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock’s share price in the next few days.
Oppenheimer stock traded up $0.10 during trading hours on Friday, reaching $27.89. 438 shares of the company’s stock traded hands, compared to its average volume of 61,164. The company has a current ratio of 1.30, a quick ratio of 0.74 and a debt-to-equity ratio of 0.37. Oppenheimer has a fifty-two week low of $23.51 and a fifty-two week high of $34.15. The company has a market cap of $363.30 million, a PE ratio of 10.23 and a beta of 1.16.
Oppenheimer (NYSE:OPY) last released its earnings results on Friday, February 1st. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.14). The business had revenue of $243.25 million for the quarter. Oppenheimer had a net margin of 3.02% and a return on equity of 7.06%.
In related news, CEO Albert G. Lowenthal purchased 1,007 shares of the stock in a transaction dated Friday, February 8th. The stock was bought at an average cost of $26.33 per share, with a total value of $26,514.31. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 25.90% of the company’s stock.
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Oppenheimer Company Profile
Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
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