Weis Markets (WMK) Getting Somewhat Positive Press Coverage, Analysis Finds

Press coverage about Weis Markets (NYSE:WMK) has trended somewhat positive on Sunday, Accern reports. The research group scores the sentiment of press 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 closest to one being the most favorable. Weis Markets earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.5048971560358 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Weis Markets (NYSE WMK) opened at $40.86 on Friday. The firm has a market capitalization of $1,099.05, a P/E ratio of 14.54 and a beta of 0.69. The company has a current ratio of 1.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06. Weis Markets has a 12-month low of $31.26 and a 12-month high of $66.25.

Weis Markets (NYSE:WMK) last released its earnings results on Friday, November 3rd. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $854.26 million for the quarter. Weis Markets had a return on equity of 8.13% and a net margin of 2.16%.

Separately, TheStreet cut Weis Markets from a “b-” rating to a “c” rating in a report on Friday, December 8th.

In related news, insider Jonathan H. Weis bought 10,000 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were purchased at an average price of $34.79 per share, with a total value of $347,900.00. Following the transaction, the insider now owns 1,228,766 shares in the company, valued at approximately $42,748,769.14. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Edward John Lauth III bought 2,000 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were bought at an average cost of $34.77 per share, for a total transaction of $69,540.00. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $173,850. The disclosure for this purchase can be found here. In the last three months, insiders have bought 12,600 shares of company stock worth $438,104. Corporate insiders own 26.90% of the company’s stock.

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About Weis Markets

Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products.

Insider Buying and Selling by Quarter for Weis Markets (NYSE:WMK)

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