Headlines about Aegean Marine Petroleum Network (NYSE:ANW) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aegean Marine Petroleum Network earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 44.8095825466607 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
A number of equities analysts recently weighed in on ANW shares. Jefferies Group started coverage on shares of Aegean Marine Petroleum Network in a research report on Monday, December 18th. They set a “buy” rating and a $7.00 price target on the stock. ValuEngine upgraded shares of Aegean Marine Petroleum Network from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Stifel Nicolaus decreased their target price on shares of Aegean Marine Petroleum Network from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th. Finally, Zacks Investment Research downgraded shares of Aegean Marine Petroleum Network from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $5.33.
Shares of Aegean Marine Petroleum Network (ANW) traded down $0.05 on Friday, reaching $2.50. 1,350,072 shares of the company traded hands, compared to its average volume of 568,019. Aegean Marine Petroleum Network has a 1 year low of $2.39 and a 1 year high of $13.00. The stock has a market cap of $103.63, a P/E ratio of 6.58 and a beta of 1.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.19 and a current ratio of 1.56.
In other news, major shareholder August Roth purchased 50,000 shares of the stock in a transaction on Thursday, January 4th. The stock was bought at an average price of $4.58 per share, for a total transaction of $229,000.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Justin Moore purchased 6,095 shares of the stock in a transaction on Wednesday, January 24th. The shares were purchased at an average price of $4.80 per share, with a total value of $29,256.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 251,631 shares of company stock worth $1,173,028.
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About Aegean Marine Petroleum Network
Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers these fuels from its bunkering vessels to a range of end users.
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