HC2 Holdings (HCHC) Getting Positive News Coverage, AlphaOne Reports

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.

ILLEGAL ACTIVITY WARNING: This report was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2017/04/21/hc2-holdings-hchc-earns-daily-coverage-optimism-rating-of-0-31-updated.html.

5 Day Chart for NASDAQ:HCHC

Receive News & Ratings for HC2 Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HC2 Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply