China New Borun (BORN) Getting Somewhat Favorable Media Coverage, Study Finds
Headlines about China New Borun (NYSE:BORN) have been trending somewhat positive this week, according to Accern Sentiment. 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 public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China New Borun earned a news impact score of 0.09 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.6388006561593 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of China New Borun (NYSE BORN) traded up $0.02 during trading hours on Friday, hitting $1.24. The company’s stock had a trading volume of 5,400 shares, compared to its average volume of 66,615. China New Borun has a 12 month low of $0.97 and a 12 month high of $1.74. The firm has a market capitalization of $31.39, a PE ratio of 2.90 and a beta of 1.48. The company has a quick ratio of 1.95, a current ratio of 2.36 and a debt-to-equity ratio of 0.15.
About China New Borun
China New Borun Corporation (New Borun) is a producer and distributor of corn-based edible alcohol in the People’s Republic of China. The Company also produces Distillers Dried Grains with Solubles high-protein feed (DDGS Feed), liquid carbon dioxide and crude corn oil as by-products of edible alcohol production and chlorinated polyethylene (CPE) and foam insulation that are used in a range of industries.
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