POSCO (PKX) Given Media Sentiment Rating of -0.03
Media headlines about POSCO (NYSE:PKX) have been trending somewhat negative this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. POSCO earned a media sentiment score of -0.03 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 80 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- POSCO :PKX-US: Earnings Analysis: Q1, 2017 By the Numbers : June 20, 2017 (finance.yahoo.com)
- POSCO Chemtech : Comerica Bank Has $1.22 Million Position in POSCO (PKX) (4-traders.com)
- Dupont Fabros Technology, Inc. (DFT) Lowered to Neutral at Robert W. Baird (ekosvoice.com)
- Korea Electric Power Corp. At The Cross Roads: Nuclear Power And Coal Under Threat, Renewable Energy Projects Look Interesting (seekingalpha.com)
- With Warriors up, Finals head west (cote-ivoire.com)
Shares of POSCO (NYSE PKX) traded down 0.32% during mid-day trading on Wednesday, reaching $58.81. The company had a trading volume of 52,468 shares. The stock has a 50 day moving average of $60.72 and a 200-day moving average of $59.39. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 11.69 and a beta of 1.11. POSCO has a one year low of $40.80 and a one year high of $66.63.
Separately, Macquarie downgraded POSCO from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $64.00.
ILLEGAL ACTIVITY NOTICE: This story was first posted by Watch List News and is owned by of Watch List News. If you are accessing this story on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The correct version of this story can be accessed at https://www.watchlistnews.com/posco-pkx-given-media-sentiment-rating-of-0-03/1381426.html.
POSCO Company Profile
POSCO is an integrated steel producer. The Company operates in four segments: steel, trading, engineering and construction, and others. The steel segment includes production of steel products and sale of such products. The trading segment consists of global trading activities of POSCO Daewoo Corporation, exporting and importing a range of steel products that are both obtained from and supplied to it, as well as between other suppliers and purchasers in Korea and overseas.
Receive News & Ratings for POSCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POSCO and related companies with Analyst Ratings Network's FREE daily email newsletter.