Headlines about Essendant (NASDAQ:ESND) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Essendant earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.2373235830887 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Essendant (NASDAQ ESND) opened at $8.54 on Wednesday. The firm has a market capitalization of $317.07, a P/E ratio of -1.17 and a beta of 1.11. Essendant has a fifty-two week low of $8.26 and a fifty-two week high of $22.52. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.04 and a quick ratio of 1.02.
Separately, BidaskClub upgraded Essendant from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Essendant presently has an average rating of “Hold” and an average target price of $16.50.
Essendant Inc (Essendant) is a wholesale distributor of workplace items. The Company’s product portfolio includes Janitorial, Foodservice and Breakroom Supplies (JanSan), Technology Products, Traditional Office Products, Industrial Supplies, Cut Sheet Paper Products, Automotive Products and Office Furniture.
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