Media coverage about Olympic Steel (NASDAQ:ZEUS) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Olympic Steel earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.968817062632 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
NASDAQ ZEUS traded down $0.12 on Monday, hitting $23.14. The company had a trading volume of 6,553 shares, compared to its average volume of 129,302. The firm has a market cap of $255.82, a PE ratio of 19.40, a PEG ratio of 1.55 and a beta of 1.83. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.30 and a current ratio of 3.78. Olympic Steel has a 12-month low of $15.83 and a 12-month high of $25.84.
Olympic Steel (NASDAQ:ZEUS) last issued its quarterly earnings results on Friday, March 2nd. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). The company had revenue of $308.17 million during the quarter, compared to analysts’ expectations of $313.00 million. Olympic Steel had a return on equity of 4.89% and a net margin of 1.42%. Olympic Steel’s revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.23) EPS. equities analysts predict that Olympic Steel will post 2 EPS for the current fiscal year.
ZEUS has been the subject of several recent analyst reports. BidaskClub raised shares of Olympic Steel from a “hold” rating to a “buy” rating in a report on Friday, February 16th. Zacks Investment Research lowered shares of Olympic Steel from a “hold” rating to a “strong sell” rating in a report on Saturday, January 13th.
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About Olympic Steel
Olympic Steel, Inc processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.
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