Somewhat Positive Media Coverage Somewhat Unlikely to Affect Calgon Carbon (CCC) Share Price

News articles about Calgon Carbon (NYSE:CCC) have trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calgon Carbon earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.2399116294687 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Calgon Carbon (NYSE:CCC) opened at $21.30 on Monday. The firm has a market cap of $1,082.27, a price-to-earnings ratio of 177.51 and a beta of 1.20. Calgon Carbon has a one year low of $12.00 and a one year high of $22.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.80.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Tuesday, December 5th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Monday, December 4th. Calgon Carbon’s dividend payout ratio is presently 166.68%.

CCC has been the topic of several research reports. Zacks Investment Research upgraded shares of Calgon Carbon from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Robert W. Baird raised their target price on shares of Calgon Carbon from $17.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, September 22nd. Sidoti cut shares of Calgon Carbon from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $22.00 to $20.00 in a report on Monday, September 25th. Finally, Janney Montgomery Scott cut shares of Calgon Carbon from a “neutral” rating to a “sell” rating and set a $21.50 target price on the stock. in a report on Thursday, September 21st. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $19.63.

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About Calgon Carbon

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

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