Cenveo (NYSE:CVO) Receiving Somewhat Positive Press Coverage, Analysis Shows

News articles about Cenveo (NYSE:CVO) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 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. Cenveo earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.819105182241 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Separately, TheStreet cut shares of Cenveo from a “c-” rating to a “d+” rating in a research note on Tuesday, May 16th.

Shares of Cenveo (NYSE CVO) traded down 3.04% during trading on Friday, reaching $5.74. 1,419 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $6.10 and its 200-day moving average price is $5.70. The stock has a market cap of $49.09 million, a PE ratio of 1.07 and a beta of 1.78. Cenveo has a 52-week low of $3.52 and a 52-week high of $10.50.

In other Cenveo news, major shareholder Nathu R. Puri purchased 37,656 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was purchased at an average cost of $5.11 per share, for a total transaction of $192,422.16. Following the transaction, the insider now owns 870,000 shares in the company, valued at approximately $4,445,700. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Nathu R. Puri purchased 25,000 shares of the firm’s stock in a transaction on Thursday, July 13th. The stock was acquired at an average price of $6.07 per share, with a total value of $151,750.00. Following the completion of the transaction, the insider now owns 1,035,000 shares in the company, valued at approximately $6,282,450. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 400,284 shares of company stock valued at $2,153,103. 12.70% of the stock is owned by corporate insiders.

About Cenveo

Cenveo, Inc is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting, commercial printing and label manufacturing. The Company operates through three segments: Envelope, Print and Label. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users, including financial institutions, insurance companies and telecommunications companies.