Verso (VRS) Earning Somewhat Favorable Press Coverage, Report Shows

Media coverage about Verso (NYSE:VRS) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Verso earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 46.0100762448048 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the headlines that may have effected Accern’s scoring:

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VRS has been the topic of a number of recent analyst reports. BWS Financial upped their target price on shares of Verso to $30.00 and gave the company a “buy” rating in a research note on Friday, March 9th. B. Riley set a $24.00 target price on shares of Verso and gave the company a “buy” rating in a research note on Friday, March 9th. Zacks Investment Research lowered shares of Verso from a “strong-buy” rating to a “hold” rating in a research note on Friday. Finally, ValuEngine upgraded shares of Verso from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

Shares of Verso stock traded up $0.67 during trading on Tuesday, reaching $17.59. The company had a trading volume of 50,470 shares, compared to its average volume of 523,190. The firm has a market cap of $580.91, a PE ratio of -23.31 and a beta of 1.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 2.15. Verso has a fifty-two week low of $3.17 and a fifty-two week high of $19.32.

In other news, major shareholder Mudrick Capital Management, L. sold 347,573 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $17.35, for a total value of $6,030,391.55. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 607,573 shares of company stock worth $10,520,392. Company insiders own 4.20% of the company’s stock.

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Verso Company Profile

Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and northern bleached hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products.

Insider Buying and Selling by Quarter for Verso (NYSE:VRS)

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