Somewhat Positive Media Coverage Somewhat Unlikely to Impact Synalloy (SYNL) Share Price

Media coverage about Synalloy (NASDAQ:SYNL) has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Synalloy earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 44.9508750575643 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Synalloy (NASDAQ SYNL) opened at $13.75 on Tuesday. The company has a market capitalization of $120.02, a P/E ratio of -105.77 and a beta of 0.14. The company has a quick ratio of 1.14, a current ratio of 3.18 and a debt-to-equity ratio of 0.30. Synalloy has a 1-year low of $9.75 and a 1-year high of $15.30.

Synalloy (NASDAQ:SYNL) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $0.10 EPS for the quarter. The business had revenue of $54.60 million for the quarter. Synalloy had a positive return on equity of 1.85% and a negative net margin of 0.59%.

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Synalloy Company Profile

Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc, which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc (Specialty), located in Mineral Ridge, Ohio and Houston, Texas.

Insider Buying and Selling by Quarter for Synalloy (NASDAQ:SYNL)

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