Eagle Bulk Shipping (NASDAQ:EGLE) Earns Daily News Sentiment Rating of 0.14

Media headlines about Eagle Bulk Shipping (NASDAQ:EGLE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eagle Bulk Shipping earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the shipping company an impact score of 46.2319918797125 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Several research analysts have weighed in on EGLE shares. Noble Financial started coverage on Eagle Bulk Shipping in a research report on Friday, January 12th. They set a “buy” rating and a $6.00 price objective on the stock. Deutsche Bank started coverage on Eagle Bulk Shipping in a research report on Thursday, January 25th. They set a “buy” rating and a $7.00 price objective on the stock. Maxim Group reiterated a “hold” rating and set a $4.50 price objective on shares of Eagle Bulk Shipping in a research report on Thursday, November 2nd. Zacks Investment Research upgraded Eagle Bulk Shipping from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research report on Thursday, November 9th. Finally, ValuEngine cut Eagle Bulk Shipping from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $6.00.

Shares of Eagle Bulk Shipping (NASDAQ:EGLE) opened at $4.61 on Wednesday. The company has a quick ratio of 3.75, a current ratio of 4.25 and a debt-to-equity ratio of 0.66. Eagle Bulk Shipping has a 12 month low of $4.18 and a 12 month high of $5.92.

COPYRIGHT VIOLATION NOTICE: “Eagle Bulk Shipping (NASDAQ:EGLE) Earns Daily News Sentiment Rating of 0.14” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/14/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-eagle-bulk-shipping-egle-stock-price.html.

Eagle Bulk Shipping Company Profile

Eagle Bulk Shipping Inc is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels.

Insider Buying and Selling by Quarter for Eagle Bulk Shipping (NASDAQ:EGLE)

Receive News & Ratings for Eagle Bulk Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bulk Shipping and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply