Dynegy (DYN) Earning Somewhat Positive News Coverage, Report Finds

News coverage about Dynegy (NYSE:DYN) has trended somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dynegy earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 46.3371862568987 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment’s rankings:

Dynegy (NYSE DYN) opened at $11.96 on Friday. The company has a debt-to-equity ratio of 5.46, a current ratio of 1.97 and a quick ratio of 1.47. The firm has a market cap of $1,725.54, a P/E ratio of -23.00 and a beta of 1.90. Dynegy has a 52-week low of $5.84 and a 52-week high of $12.84.

DYN has been the topic of several recent research reports. Royal Bank of Canada reaffirmed a “hold” rating and issued a $8.00 price target on shares of Dynegy in a report on Tuesday, October 10th. Zacks Investment Research downgraded shares of Dynegy from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. SunTrust Banks reissued a “buy” rating on shares of Dynegy in a research report on Friday, October 13th. Deutsche Bank lowered shares of Dynegy from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, Bank of America assumed coverage on shares of Dynegy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $11.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $12.34.

In other news, major shareholder Ecp Controlco, Llc sold 5,250,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $11.79, for a total value of $61,897,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.80% of the company’s stock.

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Dynegy Company Profile

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Insider Buying and Selling by Quarter for Dynegy (NYSE:DYN)

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