News articles about Ultrapar Participacoes (NYSE:UGP) have trended positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media 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 closest to one being the most favorable. Ultrapar Participacoes earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 45.6492129822569 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Ultrapar Participacoes (NYSE:UGP) opened at 24.20 on Wednesday. Ultrapar Participacoes has a one year low of $18.38 and a one year high of $25.39. The firm’s 50-day moving average is $24.03 and its 200 day moving average is $23.34. The company has a market capitalization of $13.15 billion, a PE ratio of 29.48 and a beta of 1.13.
A number of research analysts have recently commented on UGP shares. Zacks Investment Research cut shares of Ultrapar Participacoes from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. BidaskClub cut shares of Ultrapar Participacoes from a “buy” rating to a “hold” rating in a report on Friday, July 28th. HSBC Holdings plc cut shares of Ultrapar Participacoes from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Bank of America Corporation cut shares of Ultrapar Participacoes from a “neutral” rating to an “underperform” rating in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Ultrapar Participacoes currently has a consensus rating of “Hold”.
About Ultrapar Participacoes
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