Somewhat Positive Press Coverage Somewhat Unlikely to Affect Global Power Equipment Group (GLPW) Share Price
News headlines about Global Power Equipment Group (NASDAQ:GLPW) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Global Power Equipment Group earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the industrial goods maker an impact score of 44.6048451875717 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- Increased cybercrime rates have augmented the demand in the global digital forensics market (indiaprwire.com)
- Global Power Rental Market: Africa to Lead the Market Growth (forextv.com)
- 13G Filing: Tontine Asset Associates, L.L.C. and Global Power Equipment Group Inc. (GLPW) (feedproxy.google.com)
- Global smart weapons market is driven by growing military equipment procurement explored in latest research (whatech.com)
- Global Power Equipment Group Inc (GLPW) Major Shareholder Jeffrey L. Et Al Gendell Acquires 25,300 Shares (americanbankingnews.com)
Global Power Equipment Group (NASDAQ GLPW) traded up 0.97% on Thursday, hitting $4.16. 19,304 shares of the stock were exchanged. Global Power Equipment Group has a 1-year low of $1.66 and a 1-year high of $5.40. The company has a 50-day moving average price of $2.92 and a 200 day moving average price of $3.63. The company’s market capitalization is $73.96 million.
In related news, major shareholder Jeffrey L. Et Al Gendell bought 245,282 shares of the business’s stock in a transaction on Wednesday, October 11th. The shares were purchased at an average price of $2.47 per share, for a total transaction of $605,846.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Jeffrey L. Et Al Gendell bought 25,300 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was bought at an average price of $3.13 per share, for a total transaction of $79,189.00. The disclosure for this purchase can be found here.
Global Power Equipment Group Company Profile
Global Power Equipment Group Inc is a design, engineering and manufacturing company providing an array of equipment and services to the global power infrastructure, energy and process industries. The Products segment includes two primary product categories: Mechanical Solutions, which designs, engineers and manufactures a portfolio of equipment for utility-scale natural gas turbines, and Electrical Solutions, which provides custom-configured electrical houses and generator enclosures for various industries.
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