Hardinge (HDNG) Receiving Somewhat Favorable Media Coverage, Report Finds
Press coverage about Hardinge (NASDAQ:HDNG) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hardinge earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.7928828156934 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Hardinge (NASDAQ HDNG) traded up $0.01 during trading hours on Wednesday, hitting $18.32. The company had a trading volume of 200,269 shares, compared to its average volume of 108,000. The company has a market cap of $237.28, a P/E ratio of 40.73 and a beta of 0.87. Hardinge has a 52 week low of $9.97 and a 52 week high of $19.47.
Separately, ValuEngine upgraded Hardinge from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd.
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Hardinge Inc (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines.
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