Somewhat Positive News Coverage Somewhat Unlikely to Impact Philippine Metals (PHI) Stock Price

Media stories about Philippine Metals (NYSE:PHI) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog 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. Philippine Metals earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4278235186967 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

PHI has been the topic of several research reports. BidaskClub lowered Philippine Metals from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th. Zacks Investment Research raised Philippine Metals from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Finally, Deutsche Bank AG lowered Philippine Metals from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. Philippine Metals has a consensus rating of “Hold”.

Philippine Metals (NYSE PHI) traded up C$0.76 during mid-day trading on Friday, hitting C$34.13. The company had a trading volume of 62,663 shares, compared to its average volume of 79,609. Philippine Metals has a twelve month low of C$25.50 and a twelve month high of C$38.54.

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About Philippine Metals

PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.

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