Headlines about China XD Plastics (NASDAQ:CXDC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China XD Plastics earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 46.4558580603138 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
China XD Plastics (CXDC) traded down $0.05 on Wednesday, hitting $4.55. 31,900 shares of the company traded hands, compared to its average volume of 29,650. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.78 and a current ratio of 1.10. China XD Plastics has a 1 year low of $3.85 and a 1 year high of $5.10. The firm has a market cap of $228.75, a PE ratio of 3.37 and a beta of 2.59.
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About China XD Plastics
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.
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