News stories about Sevcon (NASDAQ:SEV) have trended somewhat positive on Monday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sevcon earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.9016589831637 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, Canaccord Genuity reissued a “buy” rating on shares of Sevcon in a report on Tuesday, November 7th.
Shares of Sevcon (NASDAQ SEV) opened at $21.97 on Monday. The stock has a market cap of $125.08 and a P/E ratio of -10.61. Sevcon has a fifty-two week low of $8.10 and a fifty-two week high of $22.11. The company has a quick ratio of 1.04, a current ratio of 1.80 and a debt-to-equity ratio of 2.14.
Sevcon, Inc designs and sells motor controllers for zero emission electric and hybrid vehicles (EVs), under the Sevcon name. The Company’s controls are used to vary the speed and movement of vehicles to integrate specialized functions and to optimize the energy consumption of the vehicle’s power source.
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