Latest Stocks: Somewhat Negative Media Coverage Unlikely to Affect Orion Engineered Carbons SA (OEC) Share Price

Latest Stocks: Somewhat Negative Media Coverage Unlikely to Affect Orion Engineered Carbons SA (OEC) Share Price

News coverage about Orion Engineered Carbons SA (NYSE:OEC) has trended somewhat negative on Tuesday, according to AlphaOne Sentiment Analysis. The research firm, a service of Accern, identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Orion Engineered Carbons SA earned a news sentiment score of -0.17 on AlphaOne’s scale. AlphaOne also gave news articles about the specialty chemicals company an impact score of 40 out of 100, meaning that recent news coverage is unlikely to have an effect on the company’s share price in the near future.

Several equities analysts recently issued reports on OEC shares. ValuEngine cut shares of Orion Engineered Carbons SA from a “strong-buy” rating to a “buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of Orion Engineered Carbons SA from a “sell” rating to a “hold” rating in a research report on Friday, March 31st. Berenberg Bank started coverage on shares of Orion Engineered Carbons SA in a research report on Tuesday, May 16th. They set a “buy” rating and a $26.00 price target on the stock. Finally, Goldman Sachs Group Inc started coverage on shares of Orion Engineered Carbons SA in a research report on Thursday, May 11th. They set a “neutral” rating and a $21.00 price target on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $22.20.

Shares of Orion Engineered Carbons SA (OEC) opened at 17.80 on Tuesday. The stock has a market cap of $1.06 billion, a PE ratio of 20.53 and a beta of 0.55. Orion Engineered Carbons SA has a one year low of $14.44 and a one year high of $22.20. The firm has a 50-day moving average of $18.69 and a 200-day moving average of $19.81. The company also recently disclosed a dividend, which will be paid on Friday, June 30th. Investors of record on Monday, June 5th will be issued a $0.189 dividend. The ex-dividend date is Thursday, June 1st. This is a positive change from Orion Engineered Carbons SA’s previous dividend of $0.18. Orion Engineered Carbons SA’s dividend payout ratio is currently 134.62%.

Shares of Orion Engineered Carbons SA (OEC) opened at 17.80 on Tuesday. The stock has a market cap of $1.06 billion, a PE ratio of 20.53 and a beta of 0.55. Orion Engineered Carbons SA has a one year low of $14.44 and a one year high of $22.20. The firm has a 50-day moving average of $18.69 and a 200-day moving average of $19.81. About Orion Engineered Carbons SA

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