News headlines about Schmitt Industries (NASDAQ:SMIT) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Schmitt Industries earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the scientific and technical instruments company an impact score of 46.6525260617524 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
SMIT traded up $0.01 on Thursday, reaching $2.46. The company had a trading volume of 1 shares, compared to its average volume of 63,640. Schmitt Industries has a 52-week low of $1.55 and a 52-week high of $4.47.
About Schmitt Industries
Schmitt Industries, Inc, together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company's Balancer segment offers computer-controlled vibration detection, balancing, and process control systems. Its products comprise Schmitt Dynamic Balance System, which consists of a vibration sensor, a computer control unit, and a balance head; SB-5500, an optional acoustic emission monitoring system (AEMS) control card to monitor the AE signals generated on the grinding machine; process control cards to provide enhanced control of the grinding process; SB-2000, a compact manual balancing system; and AE-1000, an AE control platform, which reduces air machine grinding time.
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