News coverage about Mueller Industries (NYSE:MLI) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mueller Industries earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 47.886349202904 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, TheStreet downgraded shares of Mueller Industries from a “b” rating to a “c” rating in a research report on Tuesday.
Mueller Industries (MLI) traded up $0.48 during mid-day trading on Friday, reaching $26.21. 173,044 shares of the company’s stock were exchanged, compared to its average volume of 274,821. Mueller Industries has a 12 month low of $25.73 and a 12 month high of $43.96. The company has a current ratio of 3.05, a quick ratio of 1.67 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1,560.16, a P/E ratio of 17.62 and a beta of 1.27.
Mueller Industries, Inc is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. The Company’s products include copper tube and fittings; line sets; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products, and steel nipples.
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