News coverage about Miller Industries (NYSE:MLR) has been trending somewhat negative this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Miller Industries earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 47.6518390050949 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, BidaskClub raised Miller Industries from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd.
Miller Industries (NYSE:MLR) traded up $0.65 during trading on Friday, reaching $26.25. The company had a trading volume of 31,297 shares, compared to its average volume of 28,935. The firm has a market cap of $298.67, a price-to-earnings ratio of 16.51 and a beta of 0.59. The company has a quick ratio of 1.64, a current ratio of 2.25 and a debt-to-equity ratio of 0.10. Miller Industries has a 12-month low of $22.80 and a 12-month high of $29.00.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, December 4th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Friday, December 1st. Miller Industries’s payout ratio is 45.28%.
In other Miller Industries news, Director A Russell Chandler III sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $25.15, for a total value of $25,150.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 4.09% of the company’s stock.
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Miller Industries Company Profile
Miller Industries, Inc is a manufacturer of towing and recovery equipment. The Company manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. It has domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France and the United Kingdom.
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