News headlines about OCI Partners (NYSE:OCIP) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty 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. OCI Partners earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.2890417053671 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s rankings:
- OCI Partners (OCIP) and Its Rivals Financial Contrast (americanbankingnews.com)
- OCI Partners LP Schedules 2017 Third Quarter Results Conference Call (finance.yahoo.com)
- Financial Contrast: OCI Partners (OCIP) versus Its Rivals (americanbankingnews.com)
- Financial Analysis: Kraton Corporation (KRA) & OCI Partners (OCIP) (americanbankingnews.com)
Shares of OCI Partners (OCIP) traded down $0.20 during midday trading on Friday, reaching $7.00. The company’s stock had a trading volume of 18,637 shares, compared to its average volume of 5,320. The company has a debt-to-equity ratio of 2.92, a quick ratio of 0.53 and a current ratio of 0.72. OCI Partners has a fifty-two week low of $4.95 and a fifty-two week high of $10.35.
OCI Partners (NYSE:OCIP) last announced its earnings results on Monday, August 7th. The basic materials company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). The business had revenue of $73.97 million during the quarter. OCI Partners had a negative return on equity of 10.52% and a negative net margin of 5.60%.
A number of equities analysts have weighed in on OCIP shares. BidaskClub lowered OCI Partners from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. ValuEngine upgraded OCI Partners from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 11th. Finally, Citigroup Inc. set a $7.00 target price on OCI Partners and gave the stock a “sell” rating in a research note on Monday, August 14th.
In other news, insider Nathaniel A. Gregory acquired 10,000 shares of OCI Partners stock in a transaction dated Friday, September 8th. The shares were purchased at an average cost of $8.35 per share, for a total transaction of $83,500.00. Following the transaction, the insider now owns 10,000 shares of the company’s stock, valued at $83,500. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
OCI Partners Company Profile
OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons.
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