Somewhat Favorable Media Coverage Somewhat Unlikely to Impact NF Energy Saving (NFEC) Stock Price

News stories about NF Energy Saving (NASDAQ:NFEC) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NF Energy Saving earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.3515776820775 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

NFEC stock traded up $0.05 during trading on Thursday, hitting $4.79. 3,276 shares of the company’s stock were exchanged, compared to its average volume of 564,445. NF Energy Saving has a 52-week low of $0.76 and a 52-week high of $5.29.

NF Energy Saving (NASDAQ:NFEC) last posted its earnings results on Tuesday, May 15th. The industrial products company reported ($0.07) earnings per share for the quarter. The business had revenue of $0.15 million for the quarter. NF Energy Saving had a negative return on equity of 6.03% and a negative net margin of 21.70%.

Separately, TheStreet upgraded NF Energy Saving from a “d+” rating to a “c” rating in a research note on Friday, May 25th.

In other NF Energy Saving news, CEO Li Gang sold 800,000 shares of NF Energy Saving stock in a transaction that occurred on Monday, April 9th. The stock was sold at an average price of $1.40, for a total transaction of $1,120,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Wang Lihua sold 200,000 shares of NF Energy Saving stock in a transaction that occurred on Monday, April 9th. The stock was sold at an average price of $1.44, for a total value of $288,000.00. The disclosure for this sale can be found here. 51.16% of the stock is owned by insiders.

NF Energy Saving Company Profile

NF Energy Saving Corporation, through its subsidiaries, engages in the production and sale of energy-saving and intelligent flow control equipment in the People's Republic of China. The company manufactures large diameter energy efficient intelligent flow control systems for thermal and nuclear power generation plants, and national and regional water supply projects, as well as for municipal water, gas, and heat supply pipeline networks.

Insider Buying and Selling by Quarter for NF Energy Saving (NASDAQ:NFEC)

Receive News & Ratings for NF Energy Saving Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NF Energy Saving and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit