News coverage about Northwest Pipe (NASDAQ:NWPX) has been trending somewhat positive on Saturday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Northwest Pipe earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 45.4793080204645 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, Zacks Investment Research lowered Northwest Pipe from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st.
Shares of Northwest Pipe (NASDAQ:NWPX) traded up $0.17 during trading hours on Friday, reaching $19.00. The company’s stock had a trading volume of 41,397 shares, compared to its average volume of 37,712. The company has a market capitalization of $180.86, a price-to-earnings ratio of -82.61, a P/E/G ratio of 3.36 and a beta of 1.20. Northwest Pipe has a 1-year low of $12.41 and a 1-year high of $21.11.
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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