Hardinge (HDNG) Getting Somewhat Favorable News Coverage, Accern Reports
Media headlines about Hardinge (NASDAQ:HDNG) have trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hardinge earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.3654886168504 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
HDNG has been the topic of a number of recent analyst reports. TheStreet raised Hardinge from a “d+” rating to a “b” rating in a research note on Monday, August 21st. ValuEngine raised Hardinge from a “hold” rating to a “buy” rating in a research note on Friday, September 1st.
Shares of Hardinge (NASDAQ:HDNG) traded up $0.18 during mid-day trading on Thursday, hitting $17.16. The company had a trading volume of 109,400 shares, compared to its average volume of 38,274. Hardinge has a 1-year low of $9.51 and a 1-year high of $18.00. The company has a market cap of $219.85, a P/E ratio of 20.46 and a beta of 0.92.
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Hardinge Inc (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines.
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