Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Equity Commonwealth (EQC) Share Price
News coverage about Equity Commonwealth (NYSE:EQC) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Equity Commonwealth earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.2623403765936 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research analysts have issued reports on EQC shares. Zacks Investment Research upgraded Equity Commonwealth from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reiterated a “hold” rating and set a $33.00 price target on shares of Equity Commonwealth in a research report on Thursday, September 21st.
Equity Commonwealth (NYSE:EQC) opened at $29.64 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 41.39 and a current ratio of 41.39. Equity Commonwealth has a 12-month low of $29.48 and a 12-month high of $32.51. The stock has a market capitalization of $3,690.00, a price-to-earnings ratio of 67.36 and a beta of 0.10.
About Equity Commonwealth
Equity Commonwealth is an internally managed and self-advised real estate investment trust. The Company is engaged in the ownership and operation primarily of office buildings across the United States. The Company conducts its activities primarily through EQC Operating Trust (the Operating Trust). As of August 14, 2017, the Company’s portfolio included 20 properties and 11 million square feet.
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