Positive Press Coverage Somewhat Unlikely to Impact Sorl Auto Parts (SORL) Share Price
News headlines about Sorl Auto Parts (NASDAQ:SORL) have been trending positive on Sunday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sorl Auto Parts earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.855607991777 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
SORL has been the subject of several analyst reports. ValuEngine cut Sorl Auto Parts from a “hold” rating to a “sell” rating in a report on Monday, May 14th. TheStreet cut Sorl Auto Parts from a “b-” rating to a “c” rating in a report on Wednesday, May 16th. Finally, Zacks Investment Research raised Sorl Auto Parts from a “sell” rating to a “hold” rating in a research report on Wednesday, June 6th.
Shares of Sorl Auto Parts traded up $0.16, hitting $5.23, during trading on Friday, Marketbeat reports. The stock had a trading volume of 103,964 shares, compared to its average volume of 135,835. Sorl Auto Parts has a 12 month low of $3.70 and a 12 month high of $8.45. The firm has a market capitalization of $97.88 million, a P/E ratio of 4.15 and a beta of 1.79. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.97 and a current ratio of 1.18.
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