Metcash (OTCMKTS:MHTLY) Getting Extremely Critical News Coverage, Report Shows

News headlines about Metcash (OTCMKTS:MHTLY) have been trending extremely negative on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Metcash earned a media sentiment score of -4.50 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the near future.

MHTLY remained flat at $$11.67 during trading on Wednesday. The stock has a fifty day moving average price of $12.06 and a two-hundred day moving average price of $11.85. Metcash has a 52 week low of $10.00 and a 52 week high of $12.69.

A number of research analysts have weighed in on MHTLY shares. Citigroup raised shares of Metcash from a “sell” rating to a “neutral” rating in a research note on Monday, November 25th. UBS Group lowered shares of Metcash from a “buy” rating to a “neutral” rating in a research note on Monday, November 25th. Five analysts have rated the stock with a hold rating, Metcash has an average rating of “Hold”.

Metcash Company Profile

Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.

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