Somewhat Positive Press Coverage Somewhat Unlikely to Impact Huaneng Power International (HNP) Share Price
News stories about Huaneng Power International (NYSE:HNP) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Huaneng Power International earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 45.4131220889716 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Huaneng Power International (HNP) traded up 1.89% during midday trading on Wednesday, hitting $25.82. The stock had a trading volume of 78,042 shares. Huaneng Power International has a 52-week low of $23.70 and a 52-week high of $31.85. The firm’s 50 day moving average price is $27.44 and its 200 day moving average price is $27.95. The firm has a market cap of $9.81 billion, a price-to-earnings ratio of 35.86 and a beta of 0.73.
HNP has been the topic of several recent analyst reports. TheStreet downgraded Huaneng Power International from a “c” rating to a “d+” rating in a report on Tuesday, May 16th. Zacks Investment Research downgraded Huaneng Power International from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub downgraded Huaneng Power International from a “hold” rating to a “sell” rating in a report on Friday, June 30th. Citigroup Inc. upgraded Huaneng Power International from a “sell” rating to a “buy” rating in a report on Friday, May 26th. Finally, Macquarie upgraded Huaneng Power International from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 23rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Huaneng Power International presently has an average rating of “Hold” and an average target price of $33.00.
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About Huaneng Power International
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