Dynegy (DYN) Earning Somewhat Favorable Media Coverage, Analysis Finds

Headlines about Dynegy (NYSE:DYN) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Dynegy earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 45.6244792962304 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Dynegy (DYN) traded up $0.05 during trading hours on Friday, reaching $11.96. 1,477,489 shares of the company’s stock were exchanged, compared to its average volume of 3,601,099. The company has a debt-to-equity ratio of 5.46, a quick ratio of 1.47 and a current ratio of 1.97. Dynegy has a fifty-two week low of $5.84 and a fifty-two week high of $12.84. The company has a market cap of $1,718.33, a P/E ratio of -23.00 and a beta of 1.90.

Several analysts have commented on DYN shares. Zacks Investment Research upgraded shares of Dynegy from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Bank of America started coverage on shares of Dynegy in a research note on Tuesday, October 24th. They set a “buy” rating and a $11.00 target price for the company. SunTrust Banks downgraded shares of Dynegy from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Citigroup set a $12.00 target price on shares of Dynegy and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Deutsche Bank downgraded shares of Dynegy from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $12.34.

In other news, major shareholder Ecp Controlco, Llc sold 5,250,000 shares of Dynegy stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $11.79, for a total transaction of $61,897,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.80% of the company’s stock.

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About Dynegy

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Insider Buying and Selling by Quarter for Dynegy (NYSE:DYN)

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