HC2 (HCHC) Earning Somewhat Favorable News Coverage, Analysis Finds
News coverage about HC2 (NYSE:HCHC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HC2 earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 50.4896474865656 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near future.
Shares of NYSE:HCHC traded down $0.07 during midday trading on Monday, reaching $6.05. 86,031 shares of the company’s stock were exchanged, compared to its average volume of 198,384. The company has a market capitalization of $273.61 million, a price-to-earnings ratio of -6.11 and a beta of 0.96. HC2 has a 12 month low of $4.39 and a 12 month high of $7.79. The company has a debt-to-equity ratio of 4.16, a quick ratio of 1.55 and a current ratio of 1.55.
HC2 (NYSE:HCHC) last released its quarterly earnings data on Wednesday, August 8th. The technology company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.24). The business had revenue of $496.78 million for the quarter, compared to the consensus estimate of $454.23 million. HC2 had a negative return on equity of 51.25% and a net margin of 0.32%. sell-side analysts forecast that HC2 will post -2.22 EPS for the current year.
HC2 Holdings, Inc engages in the construction, marine services, energy, telecommunications, insurance, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.
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