Press coverage about Companhia de Saneamento Basico (NYSE:SBS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Companhia de Saneamento Basico earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 47.0175680693378 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of equities analysts have commented on SBS shares. Zacks Investment Research lowered Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. UBS Group downgraded Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a report on Thursday, November 2nd. HSBC raised Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd. ValuEngine raised Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, Scotiabank raised Companhia de Saneamento Basico from an “underperform” rating to a “sector perform” rating in a report on Monday, October 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. Companhia de Saneamento Basico has an average rating of “Hold”.
Shares of Companhia de Saneamento Basico (NYSE SBS) traded up $0.22 during mid-day trading on Thursday, hitting $10.45. The company’s stock had a trading volume of 1,341,800 shares, compared to its average volume of 1,004,420. The firm has a market cap of $7,100.00, a P/E ratio of 8.10 and a beta of 1.85. Companhia de Saneamento Basico has a 52-week low of $8.15 and a 52-week high of $11.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.10.
COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Companhia de Saneamento Basico (SBS) Share Price” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/11/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-companhia-de-saneamento-basico-sbs-share-price.html.
Companhia de Saneamento Basico Company Profile
Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.
Receive News & Ratings for Companhia de Saneamento Basico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia de Saneamento Basico and related companies with MarketBeat.com's FREE daily email newsletter.