Sorl Auto Parts (SORL) Getting Somewhat Favorable Press Coverage, Accern Reports
News stories about Sorl Auto Parts (NASDAQ:SORL) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sorl Auto Parts earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.4554816864243 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research firms have recently weighed in on SORL. ValuEngine raised Sorl Auto Parts from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, December 12th. TheStreet raised Sorl Auto Parts from a “c+” rating to a “b-” rating in a research report on Wednesday, November 29th. Zacks Investment Research cut Sorl Auto Parts from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 23rd. Finally, Greenridge Global set a $10.00 price objective on Sorl Auto Parts and gave the stock a “buy” rating in a research report on Monday, November 20th.
Sorl Auto Parts (NASDAQ:SORL) traded down $0.16 during mid-day trading on Thursday, hitting $6.01. The stock had a trading volume of 92,842 shares, compared to its average volume of 296,927. The firm has a market capitalization of $117.37, a PE ratio of 3.95 and a beta of 1.65. Sorl Auto Parts has a 52 week low of $2.68 and a 52 week high of $9.74.
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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