Somewhat Positive News Coverage Somewhat Unlikely to Impact Sevcon (SEV) Share Price

Media stories about Sevcon (NASDAQ:SEV) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sevcon earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.9016589831637 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Sevcon (SEV) opened at $21.97 on Friday. The firm has a market cap of $125.08 and a price-to-earnings ratio of -10.61. The company has a quick ratio of 1.04, a current ratio of 1.80 and a debt-to-equity ratio of 2.14. Sevcon has a 52 week low of $8.10 and a 52 week high of $22.11.

Separately, Canaccord Genuity reiterated a “buy” rating on shares of Sevcon in a research note on Tuesday, November 7th.

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About Sevcon

Sevcon, Inc designs and sells motor controllers for zero emission electric and hybrid vehicles (EVs), under the Sevcon name. The Company’s controls are used to vary the speed and movement of vehicles to integrate specialized functions and to optimize the energy consumption of the vehicle’s power source.

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