TerraForm Global (GLBL) Receiving Somewhat Positive Press Coverage, Report Shows
Media stories about TerraForm Global (NASDAQ:GLBL) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog 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. TerraForm Global earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 46.5617942515095 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- TerraForm Global, Inc. (NASDAQ:GLBL) Sees Unusual Trading Volume in Its Shares – Modern Readers (modernreaders.com)
- TerraForm Global, Inc. (NASDAQ:GLBL) Sees Light Trading Volume with 127K Shares Changing Hands – Highlight Press (highlightpress.com)
- TerraForm Global, Inc. (NASDAQ:GLBL) Experiences Lighter than Usual Trading Volume – Highlight Press (highlightpress.com)
- Investor Watch on Shares of TerraForm Global Inc (GLBL) – Danville Daily (danvilledaily.com)
A number of research firms recently weighed in on GLBL. BidaskClub lowered shares of TerraForm Global from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Zacks Investment Research lowered shares of TerraForm Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 20th.
Shares of TerraForm Global (NASDAQ:GLBL) remained flat at $5.05 on Wednesday. The company’s stock had a trading volume of 79,748 shares. TerraForm Global has a 52 week low of $3.25 and a 52 week high of $5.10. The firm’s market capitalization is $570.50 million. The firm’s 50 day moving average price is $5.03 and its 200-day moving average price is $4.87.
TerraForm Global (NASDAQ:GLBL) last announced its earnings results on Wednesday, August 9th. The energy company reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by $0.01. TerraForm Global had a negative return on equity of 6.15% and a negative net margin of 26.87%. The company had revenue of $62.50 million for the quarter, compared to the consensus estimate of $66.33 million. During the same period last year, the firm posted $0.01 EPS. Equities analysts expect that TerraForm Global will post ($0.16) EPS for the current year.
TerraForm Global Company Profile
TerraForm Global, Inc is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company’s entire portfolio of power plants. The Company’s portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016.
Receive News & Ratings for TerraForm Global Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TerraForm Global Inc. and related companies with MarketBeat.com's FREE daily email newsletter.