Favorable Media Coverage Somewhat Unlikely to Impact TerraForm Global (GLBL) Share Price

Media headlines about TerraForm Global (NASDAQ:GLBL) have been trending positive recently, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TerraForm Global earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 44.5255085656163 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Several equities research analysts have weighed in on the company. BidaskClub cut TerraForm Global from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 5th. Zacks Investment Research cut TerraForm Global from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th.

Shares of TerraForm Global (NASDAQ:GLBL) traded down $0.03 during trading hours on Friday, hitting $5.07. The company’s stock had a trading volume of 371,800 shares, compared to its average volume of 933,978. TerraForm Global has a fifty-two week low of $3.90 and a fifty-two week high of $5.10. The stock has a market capitalization of $880.23 and a price-to-earnings ratio of -8.60. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.71.

TRADEMARK VIOLATION WARNING: “Favorable Media Coverage Somewhat Unlikely to Impact TerraForm Global (GLBL) Share Price” was reported by Week Herald and is owned by of Week Herald. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://weekherald.com/2018/02/23/terraform-global-glbl-receives-daily-media-impact-rating-of-0-25.html.

TerraForm Global Company Profile

TerraForm Global, Inc is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company’s entire portfolio of power plants. The Company’s portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016.

Insider Buying and Selling by Quarter for TerraForm Global (NASDAQ:GLBL)

Receive News & Ratings for TerraForm Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TerraForm Global and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply