Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Kenon Holdings (KEN) Share Price

Press coverage about Kenon Holdings (NYSE:KEN) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing 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 nearest to one being the most favorable. Kenon Holdings earned a news impact score of 0.23 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 44.8960615695045 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Kenon Holdings (KEN) opened at 16.75 on Tuesday. The firm’s 50-day moving average is $14.09 and its 200-day moving average is $12.88. Kenon Holdings has a 1-year low of $8.81 and a 1-year high of $17.41. The company’s market capitalization is $881.57 million.

Separately, ValuEngine upgraded shares of Kenon Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st.

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About Kenon Holdings

Kenon Holdings Ltd. is a holding company that operates primarily growth-oriented businesses. The Company’s segments include I.C. Power Asia Development Ltd (IC Power), Qoros Automotive Co, Ltd. (Qoros) and Other. I.C. Power, through its subsidiary companies, is engaged in the production, operation and sale of electricity in countries in Latin America, the Caribbean region and Israel.

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