Media headlines about Renewable Energy Group (NASDAQ:REGI) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Renewable Energy Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 45.4958785143347 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
Several equities research analysts recently commented on REGI shares. BidaskClub upgraded shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd. Zacks Investment Research lowered shares of Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. Canaccord Genuity reiterated a “buy” rating and issued a $16.00 price objective on shares of Renewable Energy Group in a research report on Tuesday, March 6th. Finally, ValuEngine lowered shares of Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 2nd. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $14.75.
REGI stock traded down $0.08 during trading on Tuesday, hitting $13.32. The stock had a trading volume of 206,265 shares, compared to its average volume of 478,316. Renewable Energy Group has a 1-year low of $9.50 and a 1-year high of $14.10. The company has a market capitalization of $524.54, a price-to-earnings ratio of -6.52 and a beta of 1.00. The company has a current ratio of 1.74, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37.
In other news, Director Peter John Martin Harding bought 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was purchased at an average price of $10.94 per share, with a total value of $218,800.00. Following the purchase, the director now owns 73,592 shares of the company’s stock, valued at approximately $805,096.48. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Delbert Christensen bought 7,441 shares of the business’s stock in a transaction that occurred on Friday, March 16th. The stock was purchased at an average cost of $11.60 per share, with a total value of $86,315.60. Following the purchase, the director now directly owns 68,756 shares in the company, valued at approximately $797,569.60. The disclosure for this purchase can be found here. Insiders own 1.97% of the company’s stock.
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About Renewable Energy Group
Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.
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