Somewhat Negative Press Coverage Somewhat Unlikely to Affect Ultrapar Participacoes (UGP) Stock Price
Press coverage about Ultrapar Participacoes (NYSE:UGP) has trended somewhat negative on Monday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news 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. Ultrapar Participacoes earned a news sentiment score of -0.07 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.0155688068996 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Ultrapar Participacoes (UGP) traded up $0.01 during mid-day trading on Monday, hitting $24.00. The stock had a trading volume of 386,289 shares, compared to its average volume of 404,560. The company has a quick ratio of 1.98, a current ratio of 2.51 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $13,348.16, a price-to-earnings ratio of 26.37 and a beta of 1.05. Ultrapar Participacoes has a fifty-two week low of $20.09 and a fifty-two week high of $25.39.
Separately, Zacks Investment Research raised Ultrapar Participacoes from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Ultrapar Participacoes currently has a consensus rating of “Hold” and a consensus price target of $25.00.
WARNING: This news story was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.watchlistnews.com/somewhat-negative-press-coverage-somewhat-unlikely-to-affect-ultrapar-participacoes-ugp-stock-price/1798930.html.
About Ultrapar Participacoes
Receive News & Ratings for Ultrapar Participacoes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultrapar Participacoes and related companies with Analyst Ratings Network's FREE daily email newsletter.