Media stories about Ocwen Financial (NYSE:OCN) have been trending somewhat positive on Friday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 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 nearest to one being the most favorable. Ocwen Financial earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.0746060159879 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Ocwen Participating in Two New York City Events to Help … – GlobeNewswire (press release) (globenewswire.com)
- Stocks to Watch For: Ocwen Financial Corp. (NYSE:OCN), EXTRACTION OIL & GAS, LLC (NASDAQ:XOG) – The Oracle Examiner (oracleexaminer.com)
- Ocwen Financial Corp (OCN) Stock Ended in green Zone – ExpertGazette (expertgazette.com)
- Ocwen Financial Corp (OCN) Ended after Adding 2.35% – ExpertGazette (expertgazette.com)
- Altisource Solutions S.a.r.l. — Moody’s affirms Altisource’s B3 ratings, revises outlook to positive (finance.yahoo.com)
Ocwen Financial (OCN) traded up $0.03 on Friday, reaching $4.36. The company had a trading volume of 326,219 shares, compared to its average volume of 1,641,435. The company has a market cap of $576.11, a price-to-earnings ratio of -4.26 and a beta of 1.31. Ocwen Financial has a fifty-two week low of $2.12 and a fifty-two week high of $5.69. The company has a current ratio of 5.42, a quick ratio of 5.42 and a debt-to-equity ratio of 11.13.
In other news, major shareholder Leon G. Cooperman acquired 29,187 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The stock was bought at an average price of $3.54 per share, with a total value of $103,321.98. Following the completion of the acquisition, the insider now directly owns 1,000,000 shares of the company’s stock, valued at approximately $3,540,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Leon G. Cooperman purchased 178,198 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were bought at an average cost of $3.24 per share, with a total value of $577,361.52. Following the acquisition, the insider now directly owns 1,000,000 shares of the company’s stock, valued at approximately $3,240,000. The disclosure for this purchase can be found here. Insiders have acquired 1,517,551 shares of company stock valued at $4,985,671 in the last quarter. 2.36% of the stock is owned by company insiders.
COPYRIGHT VIOLATION WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Ocwen Financial (NYSE:OCN) Share Price” was published by BBNS and is owned by of BBNS. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://baseballnewssource.com/2018/03/16/ocwen-financial-ocn-receives-daily-news-impact-rating-of-0-11/1986496.html.
Ocwen Financial Company Profile
Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, originates and services loans. The Company’s segments include Servicing, Lending, and Corporate Items and Other. The Company’s Servicing segment consists of its residential servicing business. The Company’s Lending segment is focused on originating and purchasing conventional and government-insured residential forward and reverse mortgage loans.
Receive News & Ratings for Ocwen Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocwen Financial and related companies with MarketBeat.com's FREE daily email newsletter.