Positive News Coverage Somewhat Unlikely to Impact GWG (GWGH) Stock Price

Headlines about GWG (NASDAQ:GWGH) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. GWG earned a daily sentiment score of 0.34 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 48.2053212629508 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s analysis:

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NASDAQ GWGH traded down $0.51 during trading on Monday, reaching $8.25. 700 shares of the company’s stock were exchanged, compared to its average volume of 4,893. The company has a market capitalization of $47.96, a price-to-earnings ratio of 2.61 and a beta of 0.46. The company has a debt-to-equity ratio of -16.72, a current ratio of 15.75 and a quick ratio of 15.75. GWG has a 1 year low of $7.60 and a 1 year high of $10.95.

GWG (NASDAQ:GWGH) last announced its quarterly earnings results on Thursday, March 29th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.60) by $0.81. The company had revenue of $17.68 million during the quarter, compared to the consensus estimate of $20.38 million. GWG had a negative return on equity of 70.10% and a negative net margin of 40.62%. equities research analysts expect that GWG will post -0.19 earnings per share for the current year.

Several research analysts recently commented on the company. ValuEngine cut GWG from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Maxim Group reissued a “buy” rating and set a $14.00 target price on shares of GWG in a research note on Tuesday, January 23rd. Finally, Zacks Investment Research raised GWG from a “hold” rating to a “buy” rating and set a $9.50 target price for the company in a research note on Thursday.

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GWG Company Profile

GWG Holdings, Inc, a financial services company, purchases life insurance policies in the secondary market in the United States. It purchases or finances life insurance assets from consumers in the secondary market at a discount to the face value of the policy benefit. The company also purchases policies in the secondary market through financial advisors and life insurance agents, as well as through its appointed agent program.

Insider Buying and Selling by Quarter for GWG (NASDAQ:GWGH)

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