Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Newater Technology (NEWA) Share Price

Headlines about Newater Technology (NASDAQ:NEWA) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Newater Technology earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.782816509611 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Newater Technology (NASDAQ:NEWA) traded up 0.42% during mid-day trading on Thursday, hitting $9.46. The company’s stock had a trading volume of 80,761 shares. The company’s market cap is $100.27 million. Newater Technology has a 52-week low of $7.32 and a 52-week high of $11.80. The stock’s 50 day moving average price is $8.77 and its 200 day moving average price is $9.12.

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About Newater Technology

Newater Technology, Inc is a wastewater purification treatment company. The Company is focused on the development, manufacture and sale of disk tube reverse osmosis (DTRO) and disk tube nanofiltration (DTNF) membrane filtration products that are used in the treatment, recycling and discharge of wastewater.

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