Hardinge (NASDAQ:HDNG) Receiving Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Hardinge (NASDAQ:HDNG) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty 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 daily sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 45.4144086151947 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern’s rankings:

Hardinge (NASDAQ:HDNG) remained flat at $$18.37 on Monday. The company’s stock had a trading volume of 65,800 shares, compared to its average volume of 89,770. Hardinge has a 52-week low of $9.97 and a 52-week high of $19.47. The company has a market capitalization of $238.74, a PE ratio of 21.61 and a beta of 0.88.

Separately, ValuEngine raised Hardinge from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd.

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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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