Somewhat Favorable News Coverage Somewhat Unlikely to Impact Hardinge (HDNG) Stock Price

Press coverage about Hardinge (NASDAQ:HDNG) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hardinge earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.1552077755597 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, ValuEngine cut shares of Hardinge from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th.

Hardinge (HDNG) remained flat at $$18.66 on Thursday. The company’s stock had a trading volume of 55,500 shares, compared to its average volume of 60,036. Hardinge has a 1 year low of $9.51 and a 1 year high of $18.92. The company has a market capitalization of $241.60, a price-to-earnings ratio of 37.32 and a beta of 0.92.

Hardinge (NASDAQ:HDNG) last posted its quarterly earnings data on Thursday, November 9th. The industrial products company reported $0.24 earnings per share for the quarter. Hardinge had a net margin of 2.03% and a return on equity of 6.57%.

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About Hardinge

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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