Somewhat Positive News Coverage Somewhat Unlikely to Impact Fuling Global (FORK) Share Price
Media stories about Fuling Global (NASDAQ:FORK) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fuling Global earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.7628549507161 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Fuling Global (NASDAQ:FORK) traded up 0.86% during mid-day trading on Friday, hitting $5.85. 666,555 shares of the company were exchanged. Fuling Global has a 12-month low of $1.70 and a 12-month high of $6.00. The stock’s 50-day moving average price is $4.11 and its 200 day moving average price is $4.11. The stock has a market cap of $92.18 million, a PE ratio of 11.70 and a beta of 1.46.
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About Fuling Global
Fuling Global Inc is a holding company, which operates through its subsidiaries in the People’s Republic of China and the United States. The Company is a specialized production and distribution company for environmentally friendly plastic serviceware with customers from the United States and European countries.
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