Weyco Group (WEYS) Earning Favorable News Coverage, Report Shows

Media headlines about Weyco Group (NASDAQ:WEYS) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Weyco Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also gave news stories about the textile maker an impact score of 45.2071746547715 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Weyco Group (WEYS) opened at $30.75 on Friday. The firm has a market cap of $309.94, a price-to-earnings ratio of 19.34 and a beta of 0.72. Weyco Group has a fifty-two week low of $23.75 and a fifty-two week high of $33.78.

Several research analysts have weighed in on WEYS shares. TheStreet raised shares of Weyco Group from a “c+” rating to a “b-” rating in a report on Thursday, November 16th. BidaskClub raised shares of Weyco Group from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th.

In other Weyco Group news, VP Judy Anderson sold 2,445 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $28.78, for a total transaction of $70,367.10. Following the completion of the transaction, the vice president now directly owns 6,250 shares of the company’s stock, valued at approximately $179,875. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 42.81% of the stock is owned by company insiders.

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About Weyco Group

Weyco Group, Inc is engaged in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe).

Insider Buying and Selling by Quarter for Weyco Group (NASDAQ:WEYS)

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