News headlines about Weyco Group (NASDAQ:WEYS) have trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news 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 positive one, with scores nearest to one being the most favorable. Weyco Group earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned media headlines about the textile maker an impact score of 46.2164846501226 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Weyco Group (NASDAQ WEYS) opened at 26.99 on Monday. The firm’s 50-day moving average price is $27.86 and its 200 day moving average price is $27.75. The firm has a market capitalization of $280.78 million, a P/E ratio of 17.72 and a beta of 0.69. Weyco Group has a one year low of $23.75 and a one year high of $32.30.
A number of brokerages have weighed in on WEYS. TheStreet downgraded Weyco Group from a “b” rating to a “c+” rating in a report on Thursday. BidaskClub raised Weyco Group from a “strong sell” rating to a “sell” rating in a report on Thursday. Zacks Investment Research raised Weyco Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, B. Riley reaffirmed a “neutral” rating and set a $26.00 target price on shares of Weyco Group in a report on Sunday, May 7th.
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About Weyco Group
Weyco Group, Inc is engaged in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe).
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