Media stories about SINOPEC Shangai Petrochemical Company (NYSE:SHI) have been trending somewhat positive recently, Alpha One Sentiment Analysis reports. The research firm, a subsidiary of Accern, rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SINOPEC Shangai Petrochemical Company earned a news sentiment score of 0.10 on Alpha One’s scale. Alpha One also assigned media headlines about the oil and gas company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
SINOPEC Shangai Petrochemical Company (SHI) traded up 1.12% on Wednesday, hitting $56.98. 112,976 shares of the company’s stock were exchanged. SINOPEC Shangai Petrochemical Company has a 52-week low of $42.64 and a 52-week high of $64.80. The stock has a market cap of $6.14 billion, a P/E ratio of 6.26 and a beta of 0.44. The firm has a 50 day moving average price of $56.89 and a 200-day moving average price of $57.60. The business also recently declared an annual dividend, which will be paid on Monday, July 24th. Investors of record on Monday, June 19th will be given a $3.6279 dividend. The ex-dividend date of this dividend is Thursday, June 15th. This is an increase from SINOPEC Shangai Petrochemical Company’s previous annual dividend of $1.32. This represents a yield of 6.43%. SINOPEC Shangai Petrochemical Company’s dividend payout ratio (DPR) is currently 14.22%.
A number of research analysts have weighed in on SHI shares. Zacks Investment Research lowered shares of SINOPEC Shangai Petrochemical Company from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Citigroup Inc. lowered shares of SINOPEC Shangai Petrochemical Company from a “neutral” rating to a “sell” rating in a research note on Thursday, June 1st. SINOPEC Shangai Petrochemical Company Company ProfileSource: Google Alert – petrochemicals