Somewhat Favorable News Coverage Somewhat Unlikely to Impact Kraton (KRA) Stock Price

Media headlines about Kraton (NYSE:KRA) have trended somewhat positive on Friday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kraton earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the specialty chemicals company an impact score of 45.8151739311499 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of Kraton (NYSE KRA) traded up $0.04 during mid-day trading on Friday, hitting $45.82. 44,511 shares of the stock traded hands, compared to its average volume of 253,852. The firm has a market cap of $1,500.34, a P/E ratio of 60.28 and a beta of 1.13. Kraton has a one year low of $25.09 and a one year high of $53.39. The company has a current ratio of 2.27, a quick ratio of 1.19 and a debt-to-equity ratio of 2.85.

A number of analysts have weighed in on KRA shares. ValuEngine downgraded shares of Kraton from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of Kraton from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Tuesday, October 17th. TheStreet downgraded shares of Kraton from a “b-” rating to a “c” rating in a research report on Wednesday, October 25th. Finally, UBS Group increased their target price on shares of Kraton from $28.00 to $30.00 and gave the company a “sell” rating in a research report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $51.50.

In other news, insider Kevin Michael Fogarty sold 1,042 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $50.00, for a total transaction of $52,100.00. Following the completion of the sale, the insider now owns 197,731 shares of the company’s stock, valued at approximately $9,886,550. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.71% of the company’s stock.

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Kraton Company Profile

Kraton Corporation, formerly Kraton Performance Polymers, Inc, is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. The Company operates through two segments: Polymer Segment, which comprises SBCs and other engineered polymers business, and Chemical Segment, which comprises pine-based specialty products business.

Insider Buying and Selling by Quarter for Kraton (NYSE:KRA)

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