News articles about SORL Auto Parts (NASDAQ:SORL) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SORL Auto Parts earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.6397546764884 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several brokerages have recently weighed in on SORL. Zacks Investment Research raised SORL Auto Parts from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. ValuEngine cut SORL Auto Parts from a “buy” rating to a “hold” rating in a research report on Monday, September 18th.
Shares of SORL Auto Parts (NASDAQ SORL) traded up 0.52% during mid-day trading on Monday, hitting $3.84. 150,768 shares of the stock traded hands. The firm has a market capitalization of $74.13 million, a P/E ratio of 3.02 and a beta of 1.66. SORL Auto Parts has a one year low of $2.68 and a one year high of $9.74. The company’s 50 day moving average is $5.12 and its 200 day moving average is $5.57.
SORL Auto Parts (NASDAQ:SORL) last issued its quarterly earnings results on Monday, August 14th. The company reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.02). The firm 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%. On average, equities analysts expect that SORL Auto Parts will post $1.26 EPS for the current fiscal year.
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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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