Celadon Group (CGI) Receives News Sentiment Rating of 0.35
News headlines about Celadon Group (NYSE:CGI) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Celadon Group earned a coverage optimism score of 0.35 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 45.219694631007 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Celadon Group (NYSE:CGI) traded down $0.45 during midday trading on Monday, hitting $7.25. 619,700 shares of the stock traded hands, compared to its average volume of 785,000. The company has a market capitalization of $203.76, a P/E ratio of 36.25 and a beta of 1.87. Celadon Group has a 52-week low of $1.30 and a 52-week high of $9.75.
Separately, ValuEngine upgraded shares of Celadon Group from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Celadon Group presently has a consensus rating of “Buy” and an average price target of $12.00.
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Celadon Group Company Profile
Celadon Group, Inc (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada.
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