News articles about Universal Stainless & Alloy Products (NASDAQ:USAP) have trended positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Stainless & Alloy Products earned a media sentiment score of 0.45 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 45.0769295989817 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Universal Stainless & Alloy Products (NASDAQ:USAP) traded up $0.82 during trading on Friday, reaching $28.44. 20,970 shares of the company were exchanged, compared to its average volume of 33,342. The company has a quick ratio of 0.66, a current ratio of 3.25 and a debt-to-equity ratio of 0.39. The company has a market cap of $198.20, a price-to-earnings ratio of 27.88 and a beta of 1.08. Universal Stainless & Alloy Products has a twelve month low of $12.22 and a twelve month high of $28.50.
Universal Stainless & Alloy Products (NASDAQ:USAP) last posted its earnings results on Wednesday, January 24th. The basic materials company reported ($0.01) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.07). The firm had revenue of $50.30 million for the quarter, compared to the consensus estimate of $47.17 million. Universal Stainless & Alloy Products had a return on equity of 0.33% and a net margin of 4.09%. The business’s revenue was up 47.1% on a year-over-year basis. During the same period last year, the company posted ($0.22) EPS. research analysts anticipate that Universal Stainless & Alloy Products will post 1.2 earnings per share for the current year.
In other news, Chairman Dennis M. Oates bought 1,059 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were acquired at an average price of $23.61 per share, with a total value of $25,002.99. Following the acquisition, the chairman now owns 95,369 shares of the company’s stock, valued at approximately $2,251,662.09. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 11.60% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by BBNS and is the property of of BBNS. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://baseballnewssource.com/2018/03/09/universal-stainless-alloy-products-usap-earning-positive-media-coverage-study-shows/1991572.html.
Universal Stainless & Alloy Products Company Profile
Universal Stainless & Alloy Products, Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Receive News & Ratings for Universal Stainless & Alloy Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Stainless & Alloy Products and related companies with MarketBeat.com's FREE daily email newsletter.