Somewhat Favorable News Coverage Somewhat Unlikely to Affect China BAK Battery (CBAK) Share Price

News articles about China BAK Battery (NASDAQ:CBAK) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. China BAK Battery earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned headlines about the electronics maker an impact score of 45.0203337527112 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of China BAK Battery (NASDAQ:CBAK) opened at 1.80 on Tuesday. The firm’s market capitalization is $47.20 million. The firm has a 50-day moving average price of $1.60 and a 200-day moving average price of $1.44. China BAK Battery has a 52 week low of $1.20 and a 52 week high of $2.35.

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China BAK Battery Company Profile

CBAK Energy Technology, Inc, formerly China BAK Battery, Inc, is a holding company. The Company and its subsidiaries are engaged in the manufacture, commercialization and distribution of a range of standard and customized lithium ion (Li-ion) rechargeable batteries for use in an array of applications.

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