Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Automodular Corp (AM) Stock Price

Headlines about Automodular Corp (NYSE:AM) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing 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 one, with scores nearest to one being the most favorable. Automodular Corp earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0834554351523 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern’s rankings:

A number of research firms have weighed in on AM. Scotiabank set a $44.00 target price on shares of Automodular Corp and gave the stock a “buy” rating in a report on Saturday, October 21st. ValuEngine raised shares of Automodular Corp from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Stifel Nicolaus raised shares of Automodular Corp from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Tuesday, August 15th. Seaport Global Securities began coverage on shares of Automodular Corp in a report on Tuesday, October 10th. They set a “buy” rating and a $44.00 target price on the stock. Finally, Mitsubishi UFJ Financial Group reissued an “overweight” rating on shares of Automodular Corp in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$39.25.

Shares of Automodular Corp (NYSE:AM) opened at C$27.40 on Friday. Automodular Corp has a 12 month low of C$27.18 and a 12 month high of C$35.74.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 23rd. Investors of record on Wednesday, November 1st will be paid a dividend of $0.059 per share. This represents a $0.24 annualized dividend and a yield of 0.86%.

In related news, major shareholder Resources Corp Antero sold 10,000,000 shares of the stock in a transaction on Monday, September 11th. The shares were sold at an average price of C$31.11, for a total transaction of C$311,100,000.00. Following the transaction, the insider now directly owns 98,870,335 shares of the company’s stock, valued at C$3,075,856,121.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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About Automodular Corp

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

Insider Buying and Selling by Quarter for Automodular Corp (NYSE:AM)

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