OCI Partners (OCIP) Getting Somewhat Favorable Media Coverage, Analysis Shows
News stories about OCI Partners (NYSE:OCIP) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OCI Partners earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 45.3170946499833 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of OCI Partners (NYSE:OCIP) opened at $8.75 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 3.15. The stock has a market capitalization of $761.23, a PE ratio of -124.98 and a beta of 1.29. OCI Partners has a 52-week low of $6.76 and a 52-week high of $10.35.
OCI Partners (NYSE:OCIP) last released its earnings results on Monday, November 6th. The basic materials company reported ($0.01) earnings per share for the quarter. OCI Partners had a negative net margin of 1.79% and a negative return on equity of 3.70%.
In other news, Director Nassef Sawiris bought 5,000 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of $7.12 per share, with a total value of $35,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ocip Holding Llc bought 7,276,549 shares of the company’s stock in a transaction on Tuesday, December 26th. The stock was purchased at an average cost of $8.40 per share, with a total value of $61,123,011.60. Following the completion of the transaction, the director now owns 76,774,139 shares in the company, valued at $644,902,767.60. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 7,292,749 shares of company stock valued at $61,238,804.
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About OCI Partners
OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons.
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