Headlines about Hardinge (NASDAQ:HDNG) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores 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 one, with scores closest to one being the most favorable. Hardinge earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.8271381815242 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Several brokerages have issued reports on HDNG. ValuEngine cut Hardinge from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. TheStreet raised Hardinge from a “d+” rating to a “b” rating in a research report on Monday, August 21st.

Shares of Hardinge (HDNG) traded up $0.16 during trading hours on Monday, reaching $17.33. The company’s stock had a trading volume of 95,700 shares, compared to its average volume of 36,915. The stock has a market capitalization of $224.38, a PE ratio of 20.88 and a beta of 0.93. Hardinge has a fifty-two week low of $9.26 and a fifty-two week high of $18.00.

In other news, Director Richard R. Burkhart bought 5,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were acquired at an average cost of $13.50 per share, with a total value of $67,500.00. Following the completion of the transaction, the director now owns 15,660 shares of the company’s stock, valued at approximately $211,410. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 11.50% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Hardinge (NASDAQ:HDNG)

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