Somewhat Positive News Coverage Somewhat Unlikely to Impact AdvanSix (NASDAQ:ASIX) Share Price
Media stories about AdvanSix (NASDAQ:ASIX) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AdvanSix earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.0895751821196 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Advansix, Inc. breached its 50 day moving average in a Bearish Manner : ASIX-US : August 11, 2017 (finance.yahoo.com)
- Edited Transcript of ASIX earnings conference call or presentation 10-Aug-17 1:00pm GMT (finance.yahoo.com)
- AdvanSix Announces Second Quarter 2017 Financial Results (finance.yahoo.com)
- Investor Network: AdvanSix, Inc. to Host Earnings Call (finance.yahoo.com)
AdvanSix (ASIX) opened at 31.81 on Friday. AdvanSix has a one year low of $12.00 and a one year high of $34.87. The firm’s 50-day moving average is $33.17 and its 200 day moving average is $28.91. The stock has a market cap of $969.63 million and a P/E ratio of 21.85.
AdvanSix (NASDAQ:ASIX) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.17. The company had revenue of $361.44 million for the quarter. AdvanSix had a return on equity of 47.63% and a net margin of 7.25%. On average, analysts anticipate that AdvanSix will post $2.61 EPS for the current fiscal year.
Separately, Cowen and Company initiated coverage on shares of AdvanSix in a report on Friday, June 23rd. They set an “outperform” rating and a $37.00 price target on the stock.
COPYRIGHT VIOLATION NOTICE: This piece was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/13/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-advansix-nasdaqasix-share-price.html.
AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.
Receive News & Ratings for AdvanSix Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvanSix Inc and related companies with MarketBeat.com's FREE daily email newsletter.