Aegean Marine Petroleum Network (ANW) Receiving Somewhat Favorable News Coverage, Study Finds

News coverage about Aegean Marine Petroleum Network (NYSE:ANW) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aegean Marine Petroleum Network earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 43.3521082417855 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Aegean Marine Petroleum Network stock traded down $0.04 during trading hours on Monday, reaching $1.86. 356,000 shares of the stock traded hands, compared to its average volume of 1,423,847. The company has a market cap of $77.22 million, a P/E ratio of -3.51 and a beta of 3.00. Aegean Marine Petroleum Network has a one year low of $0.60 and a one year high of $5.25.

A number of equities research analysts have issued reports on ANW shares. Jefferies Financial Group restated a “buy” rating and set a $7.00 price target on shares of Aegean Marine Petroleum Network in a research note on Monday, June 25th. Zacks Investment Research upgraded Aegean Marine Petroleum Network from a “sell” rating to a “hold” rating in a research note on Wednesday, June 6th. Finally, ValuEngine upgraded Aegean Marine Petroleum Network from a “sell” rating to a “hold” rating in a research note on Friday, June 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $5.00.

About Aegean Marine Petroleum Network

Aegean Marine Petroleum Network Inc, together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. The company offers fueling services to ocean-going and a range of coastal vessels, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, and ferries, as well as to marine fuel traders, brokers, and other end-users of marine fuel and lubricants.

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