Media stories about Alumasc Group (LON:ALU) have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Alumasc Group earned a coverage optimism score of 2.80 on their scale. InfoTrie also assigned headlines about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near term.
A number of equities analysts recently weighed in on ALU shares. Peel Hunt reissued an “add” rating on shares of Alumasc Group in a research note on Thursday, November 1st. FinnCap lifted their target price on shares of Alumasc Group from GBX 145 ($1.89) to GBX 165 ($2.16) and gave the stock a “corporate” rating in a research note on Tuesday, September 11th.
LON ALU remained flat at $GBX 128.50 ($1.68) during mid-day trading on Friday. 29,830 shares of the company were exchanged, compared to its average volume of 80,404. Alumasc Group has a fifty-two week low of GBX 115 ($1.50) and a fifty-two week high of GBX 195 ($2.55).
Alumasc Group (LON:ALU) last announced its earnings results on Tuesday, September 11th. The company reported GBX 14.40 ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 14.50 ($0.19) by GBX (0.10) ($0.00).
The company also recently announced a dividend, which was paid on Wednesday, October 31st. Investors of record on Thursday, October 4th were paid a dividend of GBX 4.40 ($0.06) per share. This represents a yield of 3.18%. The ex-dividend date was Thursday, October 4th. This is an increase from Alumasc Group’s previous dividend of $2.95.
In other news, insider G Paul Hooper bought 22,790 shares of the stock in a transaction that occurred on Wednesday, November 7th. The stock was acquired at an average price of GBX 131 ($1.71) per share, with a total value of £29,854.90 ($39,010.71).
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About Alumasc Group
The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; roofing and walling products, including waterproofing systems for flat roofs and exterior wall insulation systems, as well as roofing support services; and water management solutions to manage and attenuate water originating inside or outside of the buildings.
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