News coverage about Canon (NYSE:CAJ) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Canon earned a news impact score of 0.23 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.5893672499814 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Guests at Vision Expo East Invited to See Canon Eyecare Technology (finance.yahoo.com)
- Asia Stocks Gain on Upbeat U.S. Jobs Data: 5 Top Picks (finance.yahoo.com)
- What Are GoPro’s Key Priorities for 2018? (finance.yahoo.com)
- Canon U.S.A. Lends Its Support To “Women Photograph”, An Initiative Created To Promote The Representation Of Female Photojournalists (finance.yahoo.com)
Canon (CAJ) traded up $0.06 on Wednesday, hitting $37.21. The company’s stock had a trading volume of 282,233 shares, compared to its average volume of 476,575. Canon has a 1 year low of $30.22 and a 1 year high of $40.67. The firm has a market cap of $49,850.00, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 2.08 and a beta of 0.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.01 and a quick ratio of 1.50.
Several analysts have issued reports on CAJ shares. ValuEngine raised Canon from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised Canon from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Tuesday, January 16th.
Canon Inc (Canon) is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Canon sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory.
Receive News & Ratings for Canon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canon and related companies with MarketBeat.com's FREE daily email newsletter.