Ossen Innovation Co. (OSN) Earning Somewhat Favorable Press Coverage, Study Finds
Press coverage about Ossen Innovation Co. (NASDAQ:OSN) has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ossen Innovation Co. earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.0441321675201 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Ossen Innovation Co. (OSN) remained flat at $1.66 during mid-day trading on Monday. The stock had a trading volume of 39 shares. Ossen Innovation Co. has a 52-week low of $1.50 and a 52-week high of $2.93. The stock has a market cap of $10.95 million, a price-to-earnings ratio of 2.48 and a beta of 0.53. The stock’s 50 day moving average price is $1.86 and its 200-day moving average price is $2.08.
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About Ossen Innovation Co.
Ossen Innovation Co, Ltd. is a holding company. The Company manufactures and sells an array of plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials. The Company’s materials are used in the construction of bridges, highways and other infrastructure projects in the People’s Republic of China and internationally.
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