Headlines about Ascent Capital Group (NASDAQ:ASCMA) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ascent Capital Group earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.0767612513094 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Ascent Capital Group (NASDAQ ASCMA) traded down $0.02 on Tuesday, reaching $10.55. 30,000 shares of the company’s stock were exchanged, compared to its average volume of 55,136. Ascent Capital Group has a one year low of $8.87 and a one year high of $17.84. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 11.96. The stock has a market capitalization of $130.31, a PE ratio of -1.17 and a beta of 1.59.

Ascent Capital Group (NASDAQ:ASCMA) last released its quarterly earnings data on Thursday, November 2nd. The industrial products company reported ($2.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.30) by ($0.09). Ascent Capital Group had a negative net margin of 19.68% and a negative return on equity of 56.10%. analysts predict that Ascent Capital Group will post -9.73 earnings per share for the current year.

ASCMA has been the subject of several recent research reports. Zacks Investment Research raised shares of Ascent Capital Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Imperial Capital raised shares of Ascent Capital Group from an “in-line” rating to an “outperform” rating and reduced their target price for the stock from $13.50 to $13.00 in a report on Friday, November 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $16.00 price objective on shares of Ascent Capital Group in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $14.00.

In other news, major shareholder Brigade Leveraged Capital Stru sold 860,000 shares of Ascent Capital Group stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $11.00, for a total value of $9,460,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold 865,862 shares of company stock valued at $9,528,273 in the last ninety days. 9.60% of the stock is owned by corporate insiders.

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About Ascent Capital Group

Ascent Capital Group, Inc is a holding company. The Company’s subsidiaries include Monitronics International, Inc (MONI) and LiveWatch Security, LLC (LiveWatch). The Company’s segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers’ premises, as well as providing customer service and technical support.

Insider Buying and Selling by Quarter for Ascent Capital Group (NASDAQ:ASCMA)

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