Somewhat Positive Press Coverage Somewhat Unlikely to Impact GMS (GMS) Stock Price
News articles about GMS (NYSE:GMS) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GMS earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the company an impact score of 44.4550989600052 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- GMS Market Commentary on Shipbreaking in India in Week 23 – ON TOES! (steelguru.com)
- GMS Market Commentary on Shipbreaking in Bangladesh in Week 23 – RESURGENT! (steelguru.com)
- GMS Week 23 – SUMMERTIME GLADNESS! (hellenicshippingnews.com)
- Trump says summit with North Korea’s Kim ‘better than anybody expected’ (feeds.reuters.com)
- Justin Haley to make Xfinity debut at Iowa with GMS Racing (sports.yahoo.com)
GMS opened at $29.79 on Thursday, Marketbeat reports. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.80 and a current ratio of 2.91. GMS has a fifty-two week low of $27.20 and a fifty-two week high of $39.98. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 1.51 and a beta of 1.47.
In other news, insider G Michael Callahan, Jr. sold 12,500 shares of GMS stock in a transaction dated Thursday, March 22nd. The stock was sold at an average price of $31.87, for a total transaction of $398,375.00. Following the completion of the sale, the insider now directly owns 428,419 shares in the company, valued at approximately $13,653,713.53. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 37,605 shares of company stock worth $1,163,860. Company insiders own 5.90% of the company’s stock.
GMS Inc distributes wallboards, suspended ceilings systems, and complementary interior construction products in North America. The company offers wallboard products; and ceilings products, such as suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and other commercial and institutional buildings.
Receive News & Ratings for GMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GMS and related companies with MarketBeat.com's FREE daily email newsletter.