Media stories about Orion Engineered Carbons (NYSE:OEC) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orion Engineered Carbons earned a news impact score of 0.25 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 45.3347616267477 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Orion Engineered Carbons (NYSE:OEC) opened at $28.75 on Monday. The company has a debt-to-equity ratio of 8.95, a quick ratio of 1.47 and a current ratio of 2.08. The firm has a market cap of $1,710.00, a PE ratio of 21.95 and a beta of 0.68. Orion Engineered Carbons has a 52 week low of $17.15 and a 52 week high of $30.25.
Several research analysts recently issued reports on OEC shares. JPMorgan Chase & Co. raised shares of Orion Engineered Carbons from a “neutral” rating to an “overweight” rating and set a $29.00 price target for the company in a research report on Monday, November 6th. UBS Group upped their price objective on shares of Orion Engineered Carbons from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. KeyCorp reaffirmed a “buy” rating and set a $26.00 price objective on shares of Orion Engineered Carbons in a research note on Friday, November 3rd. Jefferies Group assumed coverage on shares of Orion Engineered Carbons in a research note on Monday, January 22nd. They set a “buy” rating on the stock. Finally, Zacks Investment Research raised shares of Orion Engineered Carbons from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $24.71.
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Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.
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