Positive News Coverage Somewhat Unlikely to Affect Great Lakes Dredge & Dock (GLDD) Share Price
Press coverage about Great Lakes Dredge & Dock (NASDAQ:GLDD) has trended positive on Sunday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Lakes Dredge & Dock earned a daily sentiment score of 0.34 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 45.633965246866 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Fuller & Thaler Asset Management Inc. Has $2.12 Million Position in Great Lakes Dredge & Dock Co. (GLDD) (americanbankingnews.com)
- Great Lakes Dredge & Dock Corp (GLDD) Files 10-K for the Fiscal Year Ended on December 31, 2017 (finance.yahoo.com)
- Royce & Associates LP Sells 34,174 Shares of Great Lakes Dredge & Dock Co. (GLDD) (americanbankingnews.com)
- Emancipation Management LLC Sells 15,000 Shares of Great Lakes Dredge & Dock Co. (GLDD) (americanbankingnews.com)
- Victory Capital Management Inc. Has $1.10 Million Holdings in Great Lakes Dredge & Dock Co. (GLDD) (americanbankingnews.com)
Great Lakes Dredge & Dock (GLDD) opened at $4.60 on Friday. The firm has a market capitalization of $283.45, a P/E ratio of -9.02 and a beta of 0.65. The company has a current ratio of 2.02, a quick ratio of 1.74 and a debt-to-equity ratio of 1.85. Great Lakes Dredge & Dock has a 12-month low of $3.60 and a 12-month high of $5.70.
Several analysts have recently issued reports on the company. Noble Financial assumed coverage on Great Lakes Dredge & Dock in a report on Thursday, January 25th. They set a “buy” rating and a $7.50 price objective on the stock. BidaskClub cut Great Lakes Dredge & Dock from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Zacks Investment Research cut Great Lakes Dredge & Dock from a “hold” rating to a “sell” rating in a report on Wednesday, February 21st. Finally, Cantor Fitzgerald reaffirmed a “hold” rating on shares of Great Lakes Dredge & Dock in a report on Sunday, December 31st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Great Lakes Dredge & Dock presently has a consensus rating of “Hold” and an average price target of $7.00.
Great Lakes Dredge & Dock Company Profile
Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East, West and Gulf Coasts of the United States and around the world. It operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock, and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors.
Receive News & Ratings for Great Lakes Dredge & Dock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Lakes Dredge & Dock and related companies with MarketBeat.com's FREE daily email newsletter.