MagneGas Corporation (MNGA) Earns Media Sentiment Rating of 0.10
News articles about MagneGas Corporation (NASDAQ:MNGA) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. 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. MagneGas Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 48.1106222851536 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Stocks Hitting New Technical Facts; MagneGas Corporation (NASDAQ:MNGA) – NASDAQ Times (nasdaqtimes.com)
- Signal Monitor: SuperTrend Line Above Share Price: MagneGas Corp (MNGA) – Financial News Review (finnewsreview.com)
- MagneGas to Present at the 19th Annual Rodman & Renshaw Global Investment Conference in New York City – Markets Insider (markets.businessinsider.com)
- MagneGas Corporation (MNGA) in Noticeable Bears and Bull Movement- Atwood Oceanics, Inc. (ATW) – Investing News Update (investingbizz.com)
Separately, ValuEngine upgraded MagneGas Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 23rd.
MagneGas Corporation (NASDAQ:MNGA) traded up 3.276% during mid-day trading on Friday, hitting $0.599. The stock had a trading volume of 195,938 shares. The company’s market capitalization is $7.29 million. MagneGas Corporation has a 52 week low of $0.40 and a 52 week high of $8.70. The stock’s 50-day moving average is $0.59 and its 200 day moving average is $2.33.
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About MagneGas Corporation
MagneGas Corporation is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company is also developing the use of fuel for co-combustion with hydrocarbon fuels to reduce emissions.
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