Favorable News Coverage Somewhat Unlikely to Affect Huaneng Power International (HNP) Stock Price
Media coverage about Huaneng Power International (NYSE:HNP) has trended positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huaneng Power International earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.9212491821408 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
HNP opened at $26.17 on Tuesday. The firm has a market cap of $10.11 billion, a PE ratio of 65.43, a P/E/G ratio of 1.46 and a beta of 0.73. Huaneng Power International has a 52-week low of $23.64 and a 52-week high of $31.03. The company has a current ratio of 0.40, a quick ratio of 0.33 and a debt-to-equity ratio of 1.28.
HNP has been the topic of several analyst reports. Zacks Investment Research raised Huaneng Power International from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 16th. Daiwa Capital Markets raised Huaneng Power International from a “sell” rating to a “hold” rating in a report on Thursday, May 17th. ValuEngine lowered Huaneng Power International from a “hold” rating to a “sell” rating in a report on Wednesday, June 20th. Finally, JPMorgan Chase & Co. lowered Huaneng Power International from an “overweight” rating to a “neutral” rating in a report on Thursday, August 9th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $30.00.
Huaneng Power International, Inc, through its subsidiaries, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and Singapore. It is involved in the development, investment, construction, operation, and management of power plants and related projects; and generation, wholesale, and retail of power and other relating utilities.
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