Somewhat Positive Press Coverage Somewhat Unlikely to Impact Hardinge (HDNG) Share Price

News articles about Hardinge (NASDAQ:HDNG) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news 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. Hardinge earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.5903122850349 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Separately, ValuEngine cut Hardinge from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th.

Hardinge (NASDAQ HDNG) traded down $0.04 during trading hours on Monday, reaching $18.55. The company’s stock had a trading volume of 57,000 shares, compared to its average volume of 59,189. The company has a market cap of $240.18, a P/E ratio of 37.10 and a beta of 0.92. Hardinge has a 1-year low of $9.51 and a 1-year high of $18.78.

Hardinge (NASDAQ:HDNG) last released its earnings results on Thursday, November 9th. The industrial products company reported $0.24 earnings per share for the quarter. Hardinge had a return on equity of 5.28% and a net margin of 2.59%.

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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.

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