Celadon Group (CGI) Getting Somewhat Favorable Media Coverage, Study Finds

Media headlines about Celadon Group (NYSE:CGI) have trended somewhat positive this week, AlphaOne reports. AlphaOne, a division of Accern, rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Celadon Group earned a news impact score of 0.03 on AlphaOne’s scale. AlphaOne also assigned news articles about the transportation company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have impacted Alpha One Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for Celadon Group (NYSE:CGI)

Shares of Celadon Group (NYSE CGI) traded down 6.56% during mid-day trading on Tuesday, reaching $2.85. 48,775 shares of the company’s stock traded hands. Celadon Group has a 52 week low of $1.30 and a 52 week high of $10.70. The company’s 50 day moving average is $2.23 and its 200-day moving average is $6.17. The firm has a market cap of $78.80 million, a price-to-earnings ratio of 33.14 and a beta of 1.70.

A number of equities research analysts have weighed in on the company. ValuEngine downgraded Celadon Group from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. Argus initiated coverage on Celadon Group in a research report on Thursday, March 2nd. They set a “buy” rating for the company. Aegis initiated coverage on Celadon Group in a research report on Thursday, March 2nd. They set a “buy” rating and a $15.00 price objective for the company. Zacks Investment Research downgraded Celadon Group from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Finally, Credit Suisse Group upgraded Celadon Group to an “outperform” rating in a research report on Friday, May 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. Celadon Group currently has an average rating of “Hold” and a consensus target price of $18.65.

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About Celadon Group

Celadon Group, Inc (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada.

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