News headlines about SORL Auto Parts (NASDAQ:SORL) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SORL Auto Parts earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1873387793014 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
SORL Auto Parts (SORL) opened at 3.86 on Thursday. The company has a 50-day moving average price of $5.12 and a 200-day moving average price of $5.57. SORL Auto Parts has a 52 week low of $2.68 and a 52 week high of $9.74. The stock has a market cap of $74.51 million, a PE ratio of 3.88 and a beta of 1.67.
SORL Auto Parts (NASDAQ:SORL) last issued its quarterly earnings data on Monday, August 14th. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The company had revenue of $90.22 million for the quarter, compared to the consensus estimate of $90.61 million. SORL Auto Parts had a return on equity of 14.49% and a net margin of 7.90%. Analysts anticipate that SORL Auto Parts will post $1.26 earnings per share for the current year.
A number of research analysts recently issued reports on the company. Zacks Investment Research raised SORL Auto Parts from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. ValuEngine cut SORL Auto Parts from a “buy” rating to a “hold” rating in a research note on Monday, September 18th.
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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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