Press coverage about OCI Partners (NYSE:OCIP) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing 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. OCI Partners earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 47.0672044451045 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of OCI Partners (OCIP) opened at $9.40 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.03 and a debt-to-equity ratio of 3.02. The stock has a market capitalization of $817.78, a price-to-earnings ratio of 33.57 and a beta of 1.24. OCI Partners has a 52-week low of $6.76 and a 52-week high of $10.35.
The business also recently announced a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Friday, March 23rd will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 11.49%. The ex-dividend date is Thursday, March 22nd. This is a boost from OCI Partners’s previous quarterly dividend of $0.08. OCI Partners’s dividend payout ratio (DPR) is 114.29%.
Separately, Citigroup upgraded OCI Partners from a “sell” rating to a “neutral” rating in a report on Friday, January 5th.
In related news, Director Ocip Holding Llc bought 7,276,549 shares of the company’s stock in a transaction on Tuesday, December 26th. The shares were acquired at an average price of $8.40 per share, with a total value of $61,123,011.60. Following the transaction, the director now owns 76,774,139 shares of the company’s stock, valued at $644,902,767.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
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About OCI Partners
OCI Partners LP produces, markets, and sells methanol and ammonia in the United States. The company offers its products to industrial users and commercial traders for further processing or distribution. OCI GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Nederland, Texas.
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