Corning (NYSE:GLW) Earns Daily Media Sentiment Rating of 0.07
News coverage about Corning (NYSE:GLW) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Corning earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news articles about the electronics maker an impact score of 46.4151276362418 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Corning Historically Rewards Long and Short Plays off Pre-Market Earnings Moves (nasdaq.com)
- Corning talks N.C. expansion as it dedicates Newton optical cable plant (PHOTOS) (bizjournals.com)
- Hung out to dry twice, Tennessee city stumped by Trump’s washer tariffs (finance.yahoo.com)
- Corning Incorporated: Corning Celebrates Opening of Fiber Optic Cable Manufacturing Facility – Nasdaq (nasdaq.com)
- Stocks Trend Prediction: Corning Incorporated (GLW), SRC Energy Inc. (SRCI) – Market Movers (financialqz.com)
Corning (NYSE GLW) opened at $34.50 on Monday. Corning has a 52 week low of $25.97 and a 52 week high of $35.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.69. The stock has a market cap of $29,878.20, a price-to-earnings ratio of 14.63, a PEG ratio of 2.81 and a beta of 1.33.
In other Corning news, Director Deborah Rieman sold 2,083 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $32.16, for a total value of $66,989.28. Following the completion of the sale, the director now directly owns 102,896 shares in the company, valued at $3,309,135.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Wendell P. Weeks sold 248,857 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $31.37, for a total transaction of $7,806,644.09. Following the completion of the sale, the chief executive officer now owns 65,333 shares of the company’s stock, valued at $2,049,496.21. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 311,858 shares of company stock valued at $9,845,822. 0.59% of the stock is currently owned by corporate insiders.
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Corning Company Profile
Corning Incorporated is engaged in manufacturing specialty glass and ceramics. Its segments include Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, Life Sciences and All Other. The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays (LCDs).
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