SORL Auto Parts (SORL) Earns Daily News Sentiment Score of 0.18
News coverage about SORL Auto Parts (NASDAQ:SORL) has been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SORL Auto Parts earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1090965224447 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research firms have issued reports on SORL. ValuEngine upgraded shares of SORL Auto Parts from a “buy” rating to a “strong-buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of SORL Auto Parts from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th.
SORL Auto Parts (NASDAQ SORL) opened at $6.24 on Tuesday. The stock has a market cap of $111.00, a P/E ratio of 4.53 and a beta of 1.73. SORL Auto Parts has a 12-month low of $2.68 and a 12-month high of $9.74.
SORL Auto Parts (NASDAQ:SORL) last posted its quarterly earnings results on Monday, August 14th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.02). The business had revenue of $90.22 million during the quarter, compared to analyst estimates of $90.61 million. SORL Auto Parts had a return on equity of 14.49% and a net margin of 7.90%. research analysts forecast that SORL Auto Parts will post 1.26 earnings per share for the current fiscal year.
About SORL Auto Parts
SORL Auto Parts, Inc, through its interests in the Ruili Group Ruian Auto Parts Co, Ltd., a Sino-foreign joint venture (Joint Venture), develops, manufactures and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers (OEMs), and the related aftermarket both in China and abroad.
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