News articles about TransGlobe Energy (NASDAQ:TGA) (TSE:TGL) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TransGlobe Energy earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 45.641674412435 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of research firms have issued reports on TGA. Zacks Investment Research raised TransGlobe Energy from a “sell” rating to a “hold” rating in a research report on Saturday, November 18th. ValuEngine downgraded TransGlobe Energy from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st.
Shares of TransGlobe Energy (NASDAQ TGA) opened at $1.44 on Tuesday. TransGlobe Energy has a 1 year low of $1.07 and a 1 year high of $1.86. The company has a quick ratio of 2.38, a current ratio of 2.78 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $103.98, a PE ratio of -0.94 and a beta of 0.77.
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TransGlobe Energy Corporation is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties.
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