Tennant (TNC) Given Daily News Impact Score of 0.21

Media coverage about Tennant (NYSE:TNC) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tennant earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.7451598304387 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of Tennant (NYSE TNC) opened at $60.60 on Thursday. The firm has a market capitalization of $1,074.66, a PE ratio of 89.12, a P/E/G ratio of 2.63 and a beta of 0.91. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.09 and a quick ratio of 1.39. Tennant has a 12 month low of $59.00 and a 12 month high of $76.80.

Several analysts have recently issued reports on the company. Dougherty & Co reissued a “neutral” rating on shares of Tennant in a report on Sunday, November 12th. Zacks Investment Research lowered Tennant from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $65.00.

In related news, insider Thomas Paulson sold 6,694 shares of the firm’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $72.90, for a total value of $487,992.60. Following the sale, the insider now directly owns 24,035 shares of the company’s stock, valued at $1,752,151.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.70% of the company’s stock.

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About Tennant

Tennant Company is engaged in designing, manufacturing and marketing of cleaning solutions. The Company’s segments are Americas; Europe, Middle East, Africa, and Asia Pacific. The Company offers a range of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings and asset management solutions.

Insider Buying and Selling by Quarter for Tennant (NYSE:TNC)

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