News coverage about HC2 Holdings (NASDAQ:HCHC) has been trending positive this week, according to Alpha One. The research firm, a service of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. HC2 Holdings earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also assigned media coverage about the technology company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages have recently weighed in on HCHC. Zacks Investment Research downgraded HC2 Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, January 10th. B. Riley reiterated a “buy” rating and issued a $9.00 price objective on shares of HC2 Holdings in a research note on Tuesday, March 7th.
Shares of HC2 Holdings (NASDAQ:HCHC) traded down 1.01% during midday trading on Friday, reaching $5.91. 48,649 shares of the company’s stock were exchanged. HC2 Holdings has a one year low of $3.80 and a one year high of $7.27. The firm has a 50 day moving average of $5.91 and a 200-day moving average of $5.63. The stock’s market cap is $247.86 million.
HC2 Holdings (NASDAQ:HCHC) last issued its earnings results on Wednesday, March 8th. The technology company reported ($0.37) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by $0.25. The firm had revenue of $454.01 million for the quarter, compared to analyst estimates of $395.16 million. On average, equities research analysts anticipate that HC2 Holdings will post ($0.68) earnings per share for the current year.
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