Media coverage about China Information Technology (NASDAQ:CNIT) has trended positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Information Technology earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 46.3792412110189 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Accern’s analysis:
- EQS-News: CNIT Receives $0.5 Million Cloud-based Ad Terminal Order for Changde in Hunan Province (finanznachrichten.de)
- China’s Internet Crackdown Isn’t Going Away (bloomberg.com)
- China Information Technology (CNIT) Secures $0.5M Cloud-based Ad Terminal Order for Changde in Hunan Province (streetinsider.com)
- Median Technologies Appoints Vivian Wang as General Manager, China and Takashi Hayashi as Managing Director, Japan (businesswire.com)
- Increasing Demand From IT Industries Will Boost The InVitro Fertilization (IVF) Market Till 2022 : Radiant Insights,Inc (abnewswire.com)
Separately, ValuEngine raised shares of China Information Technology from a “sell” rating to a “hold” rating in a research report on Friday, July 28th.
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China Information Technology (CNIT) traded up 4.84% on Thursday, hitting $1.30. 562,124 shares of the company were exchanged. The stock’s market cap is $52.30 million. The firm has a 50 day moving average of $1.19 and a 200-day moving average of $0.97. China Information Technology has a 52-week low of $0.57 and a 52-week high of $1.38.
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About China Information Technology
China Information Technology, Inc (CNIT), formerly China Information Security Technology, Inc, specializes in geographic information systems (GIS), digital public security and hospital information systems. CNIT manages its operations in the development areas of China including the South, the North, the East, the Central, the Southwest, the Northwest China, as well as the Northeast.
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