News stories about Patriot National (NYSE:PN) have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Patriot National earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.1646600929944 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of PN stock remained flat at $$0.36 during midday trading on Wednesday. 6,547 shares of the company’s stock were exchanged, compared to its average volume of 142,854. The firm has a market cap of $0.93, a P/E ratio of -18.00 and a beta of 4.88. Patriot National has a one year low of $0.27 and a one year high of $7.00.
Separately, ValuEngine raised Patriot National from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd.
Patriot National, Inc is an independent national provider of technology-enabled outsourcing solutions that help insurance carriers, employers and other clients mitigate risk and comply with complex regulations. It offers a range of end-to-end insurance related and specialty services. The Company principally offers approximately two types of services: front-end services, such as brokerage, underwriting and policyholder services, and back-end services, such as claims adjudication and administration.
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