China XD Plastics Company Limited (CXDC) Receiving Somewhat Favorable Media Coverage, Analysis Shows
Headlines about China XD Plastics Company Limited (NASDAQ:CXDC) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China XD Plastics Company Limited earned a news impact score of 0.11 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46.114160650603 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, ValuEngine downgraded shares of China XD Plastics Company Limited from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.
China XD Plastics Company Limited (NASDAQ:CXDC) opened at 4.60 on Thursday. The company has a market capitalization of $227.75 million, a PE ratio of 3.20 and a beta of 2.47. The firm’s 50 day moving average price is $4.60 and its 200-day moving average price is $4.72. China XD Plastics Company Limited has a 12-month low of $3.85 and a 12-month high of $5.28.
China XD Plastics Company Limited (NASDAQ:CXDC) last posted its quarterly earnings data on Wednesday, August 9th. The basic materials company reported $0.43 EPS for the quarter. China XD Plastics Company Limited had a return on equity of 16.31% and a net margin of 7.52%. The company had revenue of $313.56 million during the quarter. On average, equities analysts anticipate that China XD Plastics Company Limited will post $1.73 earnings per share for the current fiscal year.
WARNING: This article was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/09/07/china-xd-plastics-company-limited-cxdc-receiving-somewhat-favorable-media-coverage-analysis-shows.html.
China XD Plastics Company Limited Company Profile
China XD Plastics Company Limited (China XD) is a specialty chemical company. The Company is engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, the United Arab Emirates (UAE). The Company operates in the modified plastics segment.
Receive News & Stock Ratings for China XD Plastics Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China XD Plastics Company Limited and related stocks with our FREE daily email newsletter.