Rush Enterprises (NASDAQ:RUSHB) Receiving Somewhat Positive News Coverage, Study Finds

News headlines about Rush Enterprises (NASDAQ:RUSHB) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Rush Enterprises earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.4525087481549 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Rush Enterprises (RUSHB) traded down $0.74 during trading hours on Tuesday, reaching $47.47. The company’s stock had a trading volume of 8,272 shares, compared to its average volume of 8,300. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.55. Rush Enterprises has a 52 week low of $28.99 and a 52 week high of $51.39. The stock has a market cap of $1,920.40, a PE ratio of 24.60 and a beta of 0.96.

Rush Enterprises declared that its board has authorized a stock buyback plan on Thursday, November 30th that allows the company to buyback $40.00 million in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

ILLEGAL ACTIVITY WARNING: This report was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this report on another site, it was stolen and republished in violation of US & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.truebluetribune.com/2018/01/03/rush-enterprises-rushb-receiving-somewhat-positive-news-coverage-report-finds.html.

About Rush Enterprises

Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products.

Insider Buying and Selling by Quarter for Rush Enterprises (NASDAQ:RUSHB)

Receive News & Ratings for Rush Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rush Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply