Media headlines about Ascent Capital Group (NASDAQ:ASCMA) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing 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. Ascent Capital Group earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.7017837262978 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
ASCMA has been the subject of several research reports. Zacks Investment Research raised Ascent Capital Group from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Tuesday, January 2nd. Imperial Capital reaffirmed an “outperform” rating and set a $10.00 price objective (down from $13.00) on shares of Ascent Capital Group in a report on Tuesday, March 6th. Finally, ValuEngine cut Ascent Capital Group from a “sell” rating to a “strong sell” rating in a report on Monday, February 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $13.25.
Ascent Capital Group (NASDAQ:ASCMA) traded down $0.11 during midday trading on Wednesday, hitting $5.12. The stock had a trading volume of 53,116 shares, compared to its average volume of 83,196. Ascent Capital Group has a 12 month low of $4.94 and a 12 month high of $17.84. The firm has a market capitalization of $64.38, a PE ratio of -0.57 and a beta of 1.56. The company has a debt-to-equity ratio of 12.46, a quick ratio of 1.38 and a current ratio of 1.38.
About Ascent Capital Group
Ascent Capital Group, Inc is a holding company. The Company’s subsidiaries include Monitronics International, Inc (MONI) and LiveWatch Security, LLC (LiveWatch). The Company’s segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers’ premises, as well as providing customer service and technical support.
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