News headlines about OCI Partners (NYSE:OCIP) have trended somewhat positive on Friday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OCI Partners earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 44.9997722059786 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities analysts recently weighed in on the stock. Citigroup upgraded shares of OCI Partners from a “sell” rating to a “neutral” rating in a report on Friday, January 5th. BidaskClub lowered shares of OCI Partners from a “sell” rating to a “strong sell” rating in a report on Friday, September 15th.
OCI Partners (NYSE OCIP) opened at $8.75 on Friday. OCI Partners has a twelve month low of $6.76 and a twelve month high of $10.35. The firm has a market cap of $761.66, a P/E ratio of -145.83 and a beta of 1.29. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 3.15.
In other OCI Partners news, Director Nassef Sawiris acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were acquired at an average cost of $7.12 per share, for a total transaction of $35,600.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ocip Holding Llc acquired 7,276,549 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was acquired at an average price of $8.40 per share, for a total transaction of $61,123,011.60. Following the completion of the acquisition, the director now directly owns 76,774,139 shares of the company’s stock, valued at $644,902,767.60. The disclosure for this purchase can be found here. Insiders purchased 7,292,749 shares of company stock worth $61,238,804 over the last 90 days.
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About OCI Partners
OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons.
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