Media coverage about POSCO (NYSE:PKX) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. POSCO earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 47.9219785693638 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
Shares of NYSE PKX opened at $77.20 on Wednesday. POSCO has a twelve month low of $60.28 and a twelve month high of $93.12. The company has a market capitalization of $27.19 billion, a PE ratio of 9.96 and a beta of 1.33. The company has a current ratio of 1.68, a quick ratio of 1.15 and a debt-to-equity ratio of 0.21.
Separately, ValuEngine downgraded POSCO from a “buy” rating to a “hold” rating in a research note on Saturday, May 26th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. POSCO currently has an average rating of “Buy” and an average price target of $98.00.
POSCO manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized and electrical galvanized steel, electrical and stainless steel, automotive materials, titanium, magnesium, and aluminum-plated products.
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