News headlines about Canon (NYSE:CAJ) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canon earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.5893672499814 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Canon Camera Lost at Sea Washes up on Beach Two Years Later in Full Working Order (yahoo.com)
- Canon takes on RED with its first full-frame cinema camera (msn.com)
- Canon brings full frame to the Hollywood level with its new cinema camera (digitaltrends.com)
- Canon U.S.A. Expands EF Cinema Lens Lineup With New 20mm Prime Lens For 4K Cameras (finance.yahoo.com)
- Canon Expands Lineup Of Professional 4K HDR Reference Displays (finance.yahoo.com)
Shares of CAJ stock opened at $36.45 on Friday. The company has a market capitalization of $39,620.23, a P/E ratio of 16.72, a P/E/G ratio of 2.02 and a beta of 0.62. Canon has a one year low of $30.79 and a one year high of $40.67. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.16.
A number of research firms recently commented on CAJ. ValuEngine raised Canon from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised Canon from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Tuesday, January 16th.
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Canon Company Profile
Canon Inc manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, and lithography equipment. The company operates in three segments: Office Business Unit, Imaging System Business Unit, and Industry and Others Business Unit. The Office Business Unit segment manufactures, markets, and services a range of office MFDs, printers, copying machines for personal and office use, production print products for print professionals, laser multifunction printers, digital production printing systems, continuous feed printers, wide-format printers, and document solutions, as well as provides software, services, and solutions.
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