Ninetowns Internet Technlgy Grp (NINE) Earns News Impact Rating of -0.10

News articles about Ninetowns Internet Technlgy Grp (NASDAQ:NINE) have trended somewhat negative on Monday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ninetowns Internet Technlgy Grp earned a media sentiment score of -0.10 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.1377545663823 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Ninetowns Internet Technlgy Grp (NASDAQ NINE) traded down $0.23 during midday trading on Monday, hitting $25.35. The company had a trading volume of 19,247 shares, compared to its average volume of 225,113. Ninetowns Internet Technlgy Grp has a one year low of $23.43 and a one year high of $29.00. The company has a market capitalization of $66.47, a price-to-earnings ratio of 230.00 and a beta of 0.25.

In related news, Director Gary L. Thomas bought 20,000 shares of the company’s stock in a transaction on Tuesday, January 23rd. The shares were acquired at an average cost of $23.00 per share, with a total value of $460,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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About Ninetowns Internet Technlgy Grp

Ninetowns Internet Technology Group Company Limited is a software company that enables enterprises and trade-related People’s Republic of China Government agencies to streamline the import/export process in China. It operates in four segments: enterprise software and related maintenance services , software development services segment, B2C e-commerce and, and real estate development.

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