Press coverage about Universal Stainless & Alloy Products (NASDAQ:USAP) has trended positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Universal Stainless & Alloy Products earned a daily sentiment score of 0.42 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 44.6513311107708 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, Zacks Investment Research raised Universal Stainless & Alloy Products from a “sell” rating to a “strong-buy” rating and set a $26.00 price objective for the company in a research note on Thursday, January 25th.
Shares of Universal Stainless & Alloy Products stock opened at $27.52 on Thursday. The stock has a market capitalization of $205.53, a P/E ratio of 27.07 and a beta of 1.08. Universal Stainless & Alloy Products has a one year low of $13.51 and a one year high of $31.20. The company has a quick ratio of 0.66, a current ratio of 3.25 and a debt-to-equity ratio of 0.39.
In related news, Chairman Dennis M. Oates acquired 1,059 shares of the stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average cost of $23.61 per share, with a total value of $25,002.99. Following the purchase, the chairman now directly owns 95,369 shares of the company’s stock, valued at $2,251,662.09. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 11.60% of the stock is owned by company insiders.
TRADEMARK VIOLATION NOTICE: This piece of content was first reported by BBNS and is the property of of BBNS. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://baseballnewssource.com/2018/03/22/universal-stainless-alloy-products-usap-receives-daily-media-sentiment-rating-of-0-42/1925521.html.
Universal Stainless & Alloy Products Company Profile
Universal Stainless & Alloy Products, Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
Receive News & Ratings for Universal Stainless & Alloy Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Stainless & Alloy Products and related companies with MarketBeat.com's FREE daily email newsletter.