News stories about Rand Logistics (NASDAQ:RLOG) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rand Logistics earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 47.2397928196953 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Rand Logistics, Inc. (NASDAQ:RLOG) – An Eye on Data – Nasdaq Journal (press release) (nasdaqjournal.com)
- Rand Logistics, Inc., (NASDAQ: RLOG) – Technical Analysis in Focus – Stock Watch (stocksnewstimes.com)
- Rand Logistics Inc (RLOG) Needle Moving -8.62% on Volume – SCY News (scynews.com)
- Here’s What to Focus on – Rand Logistics Inc (NASDAQ: RLOG) – Alpha Beta Stock (alphabetastock.com)
Separately, ValuEngine lowered shares of Rand Logistics from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 16th.
Rand Logistics (NASDAQ:RLOG) last announced its quarterly earnings data on Tuesday, November 14th. The shipping company reported $0.07 earnings per share (EPS) for the quarter. Rand Logistics had a negative return on equity of 319.11% and a negative net margin of 19.24%.
In related news, Director Laurence S. Levy sold 477,723 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $0.28, for a total transaction of $133,762.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Edward Levy sold 120,000 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $0.25, for a total value of $30,000.00. Following the completion of the sale, the chief executive officer now directly owns 552,875 shares in the company, valued at $138,218.75. The disclosure for this sale can be found here. Insiders have sold 2,937,630 shares of company stock worth $662,680 over the last 90 days. 13.10% of the stock is currently owned by company insiders.
Rand Logistics Company Profile
Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).
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