China XD Plastics Company Limited (CXDC) Earning Somewhat Positive Media Coverage, Analysis Shows

Press coverage about China XD Plastics Company Limited (NASDAQ:CXDC) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. China XD Plastics Company Limited earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 46.0332983247659 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

China XD Plastics Company Limited (NASDAQ CXDC) remained flat at $4.60 on Wednesday. 14,669 shares of the company were exchanged. China XD Plastics Company Limited has a 1-year low of $3.85 and a 1-year high of $5.88. The firm has a market capitalization of $227.75 million, a P/E ratio of 3.03 and a beta of 2.46. The firm’s 50 day moving average is $4.71 and its 200-day moving average is $4.63.

China XD Plastics Company Limited (NASDAQ:CXDC) last posted its earnings results on Wednesday, May 10th. The basic materials company reported $0.15 earnings per share for the quarter. The company had revenue of $237.84 million during the quarter. China XD Plastics Company Limited had a return on equity of 16.99% and a net margin of 8.18%. On average, analysts expect that China XD Plastics Company Limited will post $1.73 earnings per share for the current fiscal year.

Separately, ValuEngine lowered China XD Plastics Company Limited from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.

COPYRIGHT VIOLATION NOTICE: This piece was published by [[site]] and is the sole property of of [[site]]. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at [[permalink]].

China XD Plastics Company Limited Company Profile

China XD Plastics Company Limited (China XD) is a specialty chemical company. The Company is engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, the United Arab Emirates (UAE). The Company operates in the modified plastics segment.