Headlines about AVX (NYSE:AVX) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog 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. AVX earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the electronics maker an impact score of 46.9551930360856 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- ‘I am for helping every student every day’ (saukvalley.com)
- AVX (AVX) Upgraded to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Candidates’ Voices – Paul McMahon: ‘I am for helping every student every day’ (saukvalley.com)
- AVX (AVX) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
AVX (NYSE:AVX) traded down $0.23 during mid-day trading on Wednesday, hitting $17.63. The company’s stock had a trading volume of 127,343 shares, compared to its average volume of 191,131. AVX has a 1 year low of $15.54 and a 1 year high of $20.22. The stock has a market cap of $3,023.81, a P/E ratio of 352.67 and a beta of 0.83.
The business also recently declared a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Friday, February 23rd were paid a $0.115 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $0.46 annualized dividend and a dividend yield of 2.61%. AVX’s payout ratio is currently 920.18%.
A number of brokerages recently issued reports on AVX. Zacks Investment Research upgraded AVX from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Tuesday. ValuEngine upgraded AVX from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.
In related news, insider Zahir Dhanani purchased 300,000 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The shares were bought at an average price of $0.09 per share, for a total transaction of $27,000.00. Insiders purchased a total of 633,000 shares of company stock worth $70,030 in the last 90 days. 0.50% of the stock is currently owned by company insiders.
AVX Company Profile
AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.
Receive News & Ratings for AVX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVX and related companies with MarketBeat.com's FREE daily email newsletter.