Ocwen Financial (OCN) Earning Somewhat Favorable Media Coverage, Report Shows

Media headlines about Ocwen Financial (NYSE:OCN) have trended somewhat positive on Saturday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ocwen Financial earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 44.9542871580854 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Ocwen Financial (NYSE:OCN) opened at $3.05 on Friday. The company has a quick ratio of 5.07, a current ratio of 5.07 and a debt-to-equity ratio of 9.82. Ocwen Financial has a fifty-two week low of $2.12 and a fifty-two week high of $5.97. The firm has a market capitalization of $397.81, a P/E ratio of -4.07 and a beta of 1.54.

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About Ocwen Financial

Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, originates and services loans. The Company’s segments include Servicing, Lending, and Corporate Items and Other. The Company’s Servicing segment consists of its residential servicing business. The Company’s Lending segment is focused on originating and purchasing conventional and government-insured residential forward and reverse mortgage loans.

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