Media headlines about Tesla (NASDAQ:TSLA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. 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. Tesla earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the electric vehicle producer an impact score of 44.6815284131122 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Production Quality Of Tesla Inc (TSLA) Called Into Question – StockNews.com (blog) (stocknews.com)
- Tesla Poised To Post Massive Q1 Loss – Seeking Alpha (seekingalpha.com)
- Porsche Is About To Give Tesla Inc (TSLA) Some Major Charging Network Competition – StockNews.com (blog) (stocknews.com)
- Tesla’s ‘New’ Home Depot Relationship – Seeking Alpha (seekingalpha.com)
- Tesla Inc (TSLA) Dropped A Bunch Of Massive Bombshells This Month – ValueWalk (valuewalk.com)
Tesla (NASDAQ:TSLA) traded down $12.13 during midday trading on Thursday, reaching $330.93. The company had a trading volume of 6,851,217 shares, compared to its average volume of 5,690,000. Tesla has a 1 year low of $242.78 and a 1 year high of $389.61. The stock has a market capitalization of $55,620.00, a P/E ratio of -44.18 and a beta of 0.97. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.86 and a quick ratio of 0.71.
TSLA has been the subject of several research analyst reports. Royal Bank of Canada cut their price objective on Tesla from $345.00 to $340.00 and set a “sector perform” rating for the company in a research report on Thursday, November 2nd. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $185.00 price objective on shares of Tesla in a research report on Thursday, November 2nd. Deutsche Bank cut their price objective on Tesla from $320.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, November 2nd. Citigroup reiterated a “hold” rating and issued a $371.00 price objective on shares of Tesla in a research report on Thursday, November 2nd. Finally, Vetr upgraded Tesla from a “strong sell” rating to a “sell” rating and set a $282.88 price objective for the company in a research report on Thursday, November 2nd. Thirteen equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. Tesla presently has a consensus rating of “Hold” and a consensus price target of $324.58.
In other news, Director Kimbal Musk sold 4,065 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $312.08, for a total value of $1,268,605.20. Following the transaction, the director now directly owns 154,589 shares in the company, valued at approximately $48,244,135.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Eric Branderiz sold 801 shares of the firm’s stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $354.58, for a total value of $284,018.58. Following the completion of the transaction, the vice president now owns 1,287 shares in the company, valued at $456,344.46. The disclosure for this sale can be found here. Insiders have sold 9,896 shares of company stock worth $3,220,443 over the last quarter. 23.10% of the stock is currently owned by company insiders.
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Tesla Company Profile
Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.
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