News stories about Northwest Pipe (NASDAQ:NWPX) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog 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. Northwest Pipe earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.2427858449441 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Northwest Pipe (NASDAQ:NWPX) opened at 15.42 on Friday. The company’s 50-day moving average is $15.95 and its 200-day moving average is $16.03. Northwest Pipe has a 12-month low of $10.35 and a 12-month high of $19.55. The stock’s market cap is $148.09 million.
A number of analysts recently commented on the stock. Zacks Investment Research raised shares of Northwest Pipe from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Jefferies Group LLC reissued a “hold” rating and set a $9.00 price objective on shares of Northwest Pipe in a report on Wednesday, April 12th.
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About Northwest Pipe
Northwest Pipe Company is a manufacturer of engineered steel pipe water systems. The Company operates through two segments. The Water Transmission segment produces steel pipeline systems for use in drinking water infrastructure, and has approximately eight manufacturing facilities, located in Portland, Oregon; Denver, Colorado; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; St.
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