Industrias Bachoco, S.A.B. de C.V. (IBA) Getting Somewhat Positive News Coverage, Report Shows

Industrias Bachoco, S.A.B. de C.V. (IBA) Getting Somewhat Positive News Coverage, Report Shows

Separately, TheStreet upgraded shares of Industrias Bachoco, S.A.B. de C.V. from a “c+” rating to a “b-” rating in a research note on Tuesday, April 4th.

Media coverage about Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) has been trending somewhat positive on Wednesday, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Industrias Bachoco, S.A.B. de C.V. earned a media sentiment score of 0.05 on Alpha One’s scale. Alpha One also assigned media coverage about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near term.

Shares of Industrias Bachoco, S.A.B. de C.V. (IBA) traded up 3.24% during midday trading on Wednesday, reaching $56.80. 2,464 shares of the company’s stock were exchanged. The firm has a market cap of $2.84 billion, a PE ratio of 13.33 and a beta of 0.44. Industrias Bachoco, S.A.B. de C.V. has a one year low of $45.32 and a one year high of $56.87. The stock’s 50-day moving average is $54.10 and its 200 day moving average is $50.25.

The company also recently disclosed a semiannual dividend, which was paid on Monday, May 22nd. Shareholders of record on Monday, May 15th were issued a $0.394 dividend. The ex-dividend date was Thursday, May 11th. This represents a yield of 1.56%. Industrias Bachoco, S.A.B. de C.V.’s payout ratio is 19.76%.

About Industrias Bachoco, S.A.B. de C.V.

Industrias Bachoco, SAB. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in Mexico, and a production complex in the United States. Bachoco operates through two segments: poultry and others.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “IBA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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