Pico (PICO) Earns Media Sentiment Rating of 0.11

News articles about Pico (NASDAQ:PICO) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pico earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.6293862565618 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

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

Several equities analysts have commented on PICO shares. BidaskClub upgraded Pico from a “sell” rating to a “hold” rating in a report on Tuesday, April 10th. TheStreet upgraded Pico from a “d” rating to a “c-” rating in a report on Monday, April 2nd.

Pico traded up $0.05, hitting $12.45, during midday trading on Wednesday, MarketBeat Ratings reports. 106,000 shares of the company traded hands, compared to its average volume of 119,414. Pico has a twelve month low of $10.38 and a twelve month high of $20.20.

Pico (NASDAQ:PICO) last announced its quarterly earnings results on Thursday, May 3rd. The financial services provider reported ($0.12) EPS for the quarter. Pico had a negative net margin of 67.55% and a negative return on equity of 1.60%. The company had revenue of $0.34 million for the quarter.

In other Pico news, Director Gregory Bylinsky acquired 31,188 shares of Pico stock in a transaction dated Tuesday, July 3rd. The stock was bought at an average cost of $11.63 per share, with a total value of $362,716.44. Following the completion of the transaction, the director now owns 10,377 shares of the company’s stock, valued at $120,684.51. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.70% of the stock is currently owned by corporate insiders.

About Pico

PICO Holdings, Inc engages in the water resource and water storage activities in the southwestern United States. It engages in selling its water rights and storage credits in Arizona, Colorado, Nevada, and New Mexico. The Company sells its water rights to real estate developers, power generating facilities, or other commercial and industrial users, as well as to water utilities, municipalities, and other government agencies; and sells its stored water to state agencies, commercial developers, or municipalities for their commercial projects or communities.

Insider Buying and Selling by Quarter for Pico (NASDAQ:PICO)

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