Tesoro (ANDV) Earns Coverage Optimism Rating of 0.07

Media headlines about Tesoro (NASDAQ:ANDV) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tesoro earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.4807999732549 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Tesoro (NASDAQ ANDV) traded up 0.63% on Friday, hitting $94.42. The stock had a trading volume of 1,272,554 shares. Tesoro has a 52-week low of $72.95 and a 52-week high of $101.52. The firm has a market cap of $15.10 billion and a PE ratio of 15.79. The firm’s 50-day moving average price is $96.27 and its 200 day moving average price is $86.90.

Separately, Morgan Stanley assumed coverage on Tesoro in a research note on Wednesday, August 2nd. They issued an “overweight” rating for the company.

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Tesoro Company Profile

Andeavor Corporation, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

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