Sunrise Resources (SHI) Earns Coverage Optimism Rating of 0.05
News coverage about Sunrise Resources (NYSE:SHI) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty 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 nearest to one being the most favorable. Sunrise Resources earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.7288997349833 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities analysts have commented on SHI shares. BidaskClub upgraded shares of Sunrise Resources from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th. ValuEngine upgraded shares of Sunrise Resources from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Nomura upgraded shares of Sunrise Resources to a “neutral” rating in a research note on Thursday, August 3rd. Finally, Instinet upgraded shares of Sunrise Resources from a “reduce” rating to a “neutral” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy”.
Shares of Sunrise Resources (SHI) traded up C$0.46 during mid-day trading on Friday, reaching C$59.56. 11,528 shares of the company’s stock were exchanged, compared to its average volume of 15,707. Sunrise Resources has a twelve month low of C$50.67 and a twelve month high of C$64.80.
About Sunrise Resources
Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments.
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