Oppenheimer (NYSE:OPY) Getting Positive News Coverage, Report Shows

Media stories about Oppenheimer (NYSE:OPY) have trended positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oppenheimer earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 44.2385905034266 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Oppenheimer (NYSE:OPY) opened at $27.00 on Thursday. The firm has a market capitalization of $353.95, a price-to-earnings ratio of -158.82 and a beta of 1.53. The company has a current ratio of 1.22, a quick ratio of 0.64 and a debt-to-equity ratio of 0.39. Oppenheimer has a 1 year low of $15.10 and a 1 year high of $29.00.

Oppenheimer (NYSE:OPY) last released its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.38. Oppenheimer had a negative return on equity of 0.40% and a negative net margin of 0.02%. The firm had revenue of $226.22 million during the quarter.

Separately, ValuEngine lowered Oppenheimer from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

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About Oppenheimer

Oppenheimer Holdings Inc is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services.

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