News coverage about ITC Holdings Corp. (NYSE:ITC) has been trending positive this week, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ITC Holdings Corp. earned a news impact score of 0.43 on AlphaOne’s scale. AlphaOne also assigned news articles about the utilities provider an impact score of 84 out of 100, indicating that recent press coverage is very likely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted AlphaOne Sentiment Analysis’s rankings:
- Brokers Release Average Price Target Of 39.45 On ITC Holdings Corp. (NYSE:ITC) – UK Market News (ukmarketnews.co.uk)
- Aker ends ITC case against Olympic, but district court patent infringement suit to continue (nutraingredients-usa.com)
- ITC HOLDINGS CORP. (NYSE:ITC) Files An 8-K Entry into a Material Definitive Agreement (4-traders.com)
- Court admits PIL against govt insurance cos holding stake in ITC (thehindubusinessline.com)
- PSU insurers gain from ITC, private firms pare holdings (thehindu.com)
Shares of ITC Holdings Corp. (NYSE:ITC) remained flat at $45.50 during midday trading on Thursday. ITC Holdings Corp. has a 1-year low of $42.26 and a 1-year high of $47.46. The firm’s 50 day moving average is $45.50 and its 200-day moving average is $45.58.
ITC Holdings Corp. Company Profile
ITC Holdings Corp. (ITC Holdings) is a holding company. The Company is engaged in owning, operating, maintaining and investing in transmission infrastructure. The Company’s business consists primarily of the electric transmission operations of its Regulated Operating Subsidiaries. Its Regulated Operating Subsidiaries include International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC), ITC Midwest LLC (ITC Midwest).
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