Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Alico (ALCO) Share Price

News coverage about Alico (NASDAQ:ALCO) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alico earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.9913650316123 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

ALCO has been the subject of a number of research analyst reports. TheStreet cut Alico from a “c” rating to a “d+” rating in a report on Tuesday, December 12th. BidaskClub cut Alico from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th.

Shares of Alico (ALCO) traded up $0.10 during mid-day trading on Friday, hitting $27.85. The company had a trading volume of 3,700 shares, compared to its average volume of 6,954. The company has a current ratio of 4.16, a quick ratio of 1.89 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $229.61, a PE ratio of -24.01 and a beta of 1.34. Alico has a fifty-two week low of $25.50 and a fifty-two week high of $34.80.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.24 annualized dividend and a yield of 0.86%. Alico’s dividend payout ratio is currently -20.69%.

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About Alico

Alico, Inc is an agribusiness and natural resources management company. The Company’s segments include Orange Co, Conservation and Environmental Resources and, Other Operations. Its principal lines of business are citrus groves, cattle ranching and conservation. The Orange Co segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus.

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