Modine Manufacturing (MOD) Earns Daily Media Impact Score of 0.10
Press coverage about Modine Manufacturing (NYSE:MOD) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Modine Manufacturing earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news stories about the auto parts company an impact score of 44.1653018360405 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
MOD has been the subject of a number of research reports. Zacks Investment Research upgraded Modine Manufacturing from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Wednesday, January 10th. ValuEngine downgraded Modine Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Monday, December 4th.
Modine Manufacturing (MOD) opened at $23.05 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.85 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $1,165.65, a PE ratio of 96.04 and a beta of 1.31. Modine Manufacturing has a fifty-two week low of $10.10 and a fifty-two week high of $25.75.
In related news, VP Scott L. Bowser sold 3,500 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $24.36, for a total transaction of $85,260.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Thomas F. Marry sold 5,492 shares of the stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $20.98, for a total value of $115,222.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,406 shares of company stock valued at $488,473. 4.42% of the stock is owned by corporate insiders.
About Modine Manufacturing
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and for sale into an array of building, industrial and refrigeration markets. The Company’s products include radiators and radiator cores, exhaust gas recirculation coolers, building heating, ventilating and air conditioning (HVAC) equipment, and coils.
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