Press coverage about StoneMor Partners (NYSE:STON) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. StoneMor Partners earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.3462636006643 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
StoneMor Partners (STON) traded up $0.01 during trading hours on Wednesday, hitting $6.91. 33,641 shares of the stock were exchanged, compared to its average volume of 192,827. StoneMor Partners has a 1 year low of $4.61 and a 1 year high of $10.15. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 2.24.
StoneMor Partners (NYSE:STON) last released its quarterly earnings data on Friday, January 26th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $84.03 million during the quarter. StoneMor Partners had a negative return on equity of 22.16% and a negative net margin of 10.42%. During the same quarter in the prior year, the firm earned ($0.28) EPS. research analysts predict that StoneMor Partners will post -0.89 EPS for the current fiscal year.
In other news, major shareholder Value Equity Holdings Oaktree purchased 60,000 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were bought at an average price of $5.12 per share, for a total transaction of $307,200.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Value Equity Fund Gp L. Oaktree purchased 104,054 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were purchased at an average price of $5.23 per share, for a total transaction of $544,202.42. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 400,706 shares of company stock worth $2,203,351. 9.80% of the stock is owned by company insiders.
About StoneMor Partners
StoneMor Partners L.P. owns and operates cemeteries and funeral homes. The Company operates through two segments: Cemetery Operations and Funeral Homes. Its Cemetery Operations segment sells interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. Its Funeral Homes segment offers a range of services, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services, and transportation services.
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