Headlines about Metcash (OTCMKTS:MHTLY) have been trending extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Metcash earned a media sentiment score of -4.50 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
A number of analysts have weighed in on the company. UBS Group lowered Metcash from a “buy” rating to a “neutral” rating in a report on Monday, November 25th. Citigroup upgraded Metcash from a “sell” rating to a “neutral” rating in a report on Monday, November 25th. Five investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold”.
Metcash stock remained flat at $$11.67 during mid-day trading on Wednesday. Metcash has a fifty-two week low of $10.00 and a fifty-two week high of $12.69. The company’s fifty day moving average price is $12.06 and its 200 day moving average price is $11.85.
Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.
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