Patriot Transportation Holding (PATI) Receives Daily Coverage Optimism Score of 0.04
News headlines about Patriot Transportation Holding (NASDAQ:PATI) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Patriot Transportation Holding earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 44.5154566809127 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, TheStreet lowered Patriot Transportation Holding from a “b-” rating to a “c” rating in a research note on Monday, April 10th.
Shares of Patriot Transportation Holding (PATI) traded up 3.36% during midday trading on Tuesday, hitting $19.38. The stock had a trading volume of 5,644 shares. The stock has a market cap of $64.01 million, a PE ratio of 17.18 and a beta of -0.08. The firm has a 50 day moving average price of $18.46 and a 200 day moving average price of $21.07. Patriot Transportation Holding has a one year low of $17.60 and a one year high of $27.32.
Patriot Transportation Holding (NASDAQ:PATI) last posted its quarterly earnings results on Wednesday, July 26th. The transportation company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $28.10 million for the quarter. Patriot Transportation Holding had a return on equity of 6.43% and a net margin of 3.24%. On average, equities analysts forecast that Patriot Transportation Holding will post $1.10 earnings per share for the current fiscal year.
In other Patriot Transportation Holding news, major shareholder John D. Baker II bought 3,850 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were acquired at an average price of $17.96 per share, with a total value of $69,146.00. Following the transaction, the insider now owns 4,000 shares of the company’s stock, valued at $71,840. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder John D. Baker II bought 2,300 shares of the business’s stock in a transaction dated Wednesday, June 7th. The shares were acquired at an average cost of $17.97 per share, for a total transaction of $41,331.00. Following the transaction, the insider now directly owns 4,000 shares in the company, valued at approximately $71,880. The disclosure for this purchase can be found here. Insiders acquired a total of 10,000 shares of company stock worth $179,662 in the last ninety days. 26.16% of the stock is owned by corporate insiders.
About Patriot Transportation Holding
Patriot Transportation Holding, Inc operates as a regional tank truck. The Company conducts its business through its subsidiary, Florida Rock & Tank Lines, Inc Its business consists of hauling petroleum related products, and dry bulk commodities and liquid chemicals. The Company operates terminals in Florida, Georgia, Alabama, South Carolina, North Carolina and Tennessee.
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