Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Capitol Acquisition Corp. III (CISN) Share Price

Press coverage about Capitol Acquisition Corp. III (NYSE:CISN) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capitol Acquisition Corp. III earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.2003122200783 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

A number of equities research analysts have recently issued reports on the company. Deutsche Bank AG assumed coverage on Capitol Acquisition Corp. III in a research note on Monday, July 31st. They set a “buy” rating and a $16.00 price objective on the stock. Citigroup Inc. assumed coverage on Capitol Acquisition Corp. III in a report on Friday, July 28th. They set a “buy” rating and a $13.00 target price on the stock. Finally, Credit Suisse Group boosted their target price on Capitol Acquisition Corp. III from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Monday, September 25th.

Capitol Acquisition Corp. III (NYSE:CISN) traded down $0.02 during mid-day trading on Monday, hitting $11.50. The company had a trading volume of 176,400 shares, compared to its average volume of 388,248. The company has a current ratio of 3.64, a quick ratio of 3.64 and a debt-to-equity ratio of 0.19. Capitol Acquisition Corp. III has a 1-year low of $9.80 and a 1-year high of $13.68.

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