Media stories about GWG (NASDAQ:GWGH) have been trending somewhat positive on Monday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GWG earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.3794760929825 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.
GWG (NASDAQ:GWGH) traded down $0.29 during mid-day trading on Monday, hitting $8.51. The stock had a trading volume of 3,800 shares, compared to its average volume of 3,897. The firm has a market capitalization of $47.84, a P/E ratio of -2.31 and a beta of 0.33. GWG has a 1-year low of $7.64 and a 1-year high of $11.25. The company has a debt-to-equity ratio of -21.50, a current ratio of 20.89 and a quick ratio of 20.89.
GWGH has been the subject of a number of research analyst reports. Zacks Investment Research raised GWG from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Tuesday, October 17th. ValuEngine raised GWG from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 5th.
GWG Holdings, Inc is the parent company of GWG Life, is a financial services company. The Company is focused on transforming the life insurance industry through its products and services. The Company has developed a new suite of options for the life insurance secondary market called LifeCare Xchange (LCX).
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