Media headlines about Renewable Energy Group (NASDAQ:REGI) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Renewable Energy Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.4958785143347 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern’s rankings:
- Factors of Influence in 2018, Key Indicators and Opportunity within Global Indemnity, Workiva, China Tel, Renewable Energy Group, Grupo Aval Acciones y Valores S.A, and iClick Interactive Asia Group — New Research Emphasizes Economic Growth (finance.yahoo.com)
- Renewable Energy Group (REGI) and The Competition Head-To-Head Analysis (americanbankingnews.com)
- Congress Just Handed This Company a $205 Million Windfall. Is Its Stock a Buy? (finance.yahoo.com)
- Renewable Energy Group (REGI) Cut to “Hold” at BidaskClub (americanbankingnews.com)
- Renewable Energy Group (REGI) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
Several brokerages have commented on REGI. BidaskClub upgraded shares of Renewable Energy Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 6th. ValuEngine lowered shares of Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research lowered shares of Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $14.75.
Shares of NASDAQ REGI traded down $0.08 during trading on Tuesday, hitting $13.32. 206,265 shares of the company were exchanged, compared to its average volume of 478,316. The firm has a market capitalization of $524.54, a P/E ratio of -6.52 and a beta of 1.00. Renewable Energy Group has a 1 year low of $9.50 and a 1 year high of $14.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.74.
In other Renewable Energy Group news, Director Peter John Martin Harding acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were acquired at an average cost of $10.94 per share, for a total transaction of $218,800.00. Following the transaction, the director now directly owns 73,592 shares of the company’s stock, valued at $805,096.48. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Delbert Christensen acquired 7,441 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The stock was acquired at an average price of $11.60 per share, for a total transaction of $86,315.60. Following the completion of the transaction, the director now directly owns 68,756 shares in the company, valued at $797,569.60. The disclosure for this purchase can be found here. 1.97% of the stock is currently owned by insiders.
About Renewable Energy Group
Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.
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