Media headlines about Shiloh Industries (NASDAQ:SHLO) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shiloh Industries earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 47.6401192313333 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Separately, Zacks Investment Research downgraded Shiloh Industries from a “hold” rating to a “sell” rating in a report on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.25.
SHLO stock traded up $0.16 during midday trading on Wednesday, hitting $8.56. The stock had a trading volume of 49,620 shares, compared to its average volume of 162,085. Shiloh Industries has a 52-week low of $6.45 and a 52-week high of $14.97. The stock has a market capitalization of $207.30, a PE ratio of 12.51 and a beta of 1.87. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.09 and a current ratio of 1.42.
In other news, VP Gary Dethomas sold 3,733 shares of the stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $8.65, for a total value of $32,290.45. Following the sale, the vice president now directly owns 15,875 shares of the company’s stock, valued at $137,318.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 37.40% of the company’s stock.
About Shiloh Industries
Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.
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