Calgon Carbon Corporation (CCC) Receiving Somewhat Favorable News Coverage, Analysis Finds

News headlines about Calgon Carbon Corporation (NYSE:CCC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Calgon Carbon Corporation earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.701414712802 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern’s scoring:

Several equities research analysts have recently weighed in on the company. BidaskClub downgraded Calgon Carbon Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Robert W. Baird downgraded Calgon Carbon Corporation from an “outperform” rating to a “hold” rating in a research report on Tuesday, September 26th. Janney Montgomery Scott downgraded Calgon Carbon Corporation from a “neutral” rating to a “sell” rating and set a $21.50 price target for the company. in a report on Thursday, September 21st. Zacks Investment Research raised Calgon Carbon Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Finally, Sidoti downgraded Calgon Carbon Corporation from a “buy” rating to a “neutral” rating and reduced their price target for the company from $22.00 to $20.00 in a report on Monday, September 25th. Three research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $19.63.

Shares of Calgon Carbon Corporation (NYSE:CCC) traded up $0.05 on Friday, reaching $21.40. The company had a trading volume of 1,580,300 shares, compared to its average volume of 673,072. The stock has a market capitalization of $1,090.00, a P/E ratio of 49.65 and a beta of 1.20. Calgon Carbon Corporation has a 1 year low of $12.00 and a 1 year high of $22.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.80 and a quick ratio of 1.68.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Monday, December 4th. Calgon Carbon Corporation’s dividend payout ratio is presently 181.82%.

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Calgon Carbon Corporation Company Profile

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

Insider Buying and Selling by Quarter for Calgon Carbon Corporation (NYSE:CCC)

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