Media stories about Genie Energy Ltd Class B (NYSE:GNE) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog 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. Genie Energy Ltd Class B earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 47.636046372505 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Genie Energy Ltd Class B (GNE) Plans Quarterly Dividend of $0.08 (americanbankingnews.com)
- Edited Transcript of GNE earnings conference call or presentation 6-Aug-18 12:30pm GMT (finance.yahoo.com)
- Genie Energy Ltd. Reports Second Quarter 2018 Results (finance.yahoo.com)
- Genie Energy: 2Q Earnings Snapshot (finance.yahoo.com)
Several equities analysts have recently weighed in on the stock. ValuEngine raised shares of Genie Energy Ltd Class B from a “sell” rating to a “hold” rating in a research note on Wednesday, July 11th. TheStreet raised shares of Genie Energy Ltd Class B from a “d+” rating to a “c-” rating in a research note on Monday, May 14th.
Genie Energy Ltd Class B traded down $0.07, hitting $5.37, during midday trading on Friday, MarketBeat Ratings reports. 31,224 shares of the stock were exchanged, compared to its average volume of 63,657. Genie Energy Ltd Class B has a fifty-two week low of $3.82 and a fifty-two week high of $7.17. The stock has a market cap of $136.14 million, a P/E ratio of 10.67 and a beta of 1.76. The company has a current ratio of 1.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 24th. Investors of record on Wednesday, August 15th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 5.59%. The ex-dividend date is Tuesday, August 14th.
About Genie Energy Ltd Class B
Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider; and an oil and gas exploration company. The company operates through three segments: Genie Retail Energy; Afek Oil and Gas, Ltd.; and Genie Oil and Gas. It resells electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States; and offers energy brokerage and advisory services.
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