Companhia de Saneamento Basico (SBS) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Press coverage about Companhia de Saneamento Basico (NYSE:SBS) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Companhia de Saneamento Basico earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 47.0175680693378 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several equities research analysts recently weighed in on the company. Zacks Investment Research downgraded Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. JPMorgan Chase & Co. raised Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a report on Monday, November 27th. HSBC raised Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd. ValuEngine raised Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, UBS Group downgraded Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold”.
Shares of Companhia de Saneamento Basico (NYSE:SBS) traded up $0.22 on Thursday, reaching $10.45. The company’s stock had a trading volume of 1,341,800 shares, compared to its average volume of 1,004,420. The firm has a market cap of $7,100.00, a P/E ratio of 8.10 and a beta of 1.85. Companhia de Saneamento Basico has a 52-week low of $8.15 and a 52-week high of $11.33. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.10 and a quick ratio of 1.07.
About Companhia de Saneamento Basico
Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.
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