The Somewhat Favorable News Coverage Somewhat Unlikely to Impact ChinaNet Online Holdings (CNET) Stock Price

The Somewhat Favorable News Coverage Somewhat Unlikely to Impact ChinaNet Online Holdings (CNET) Stock Price

News headlines about ChinaNet Online Holdings (NASDAQ:CNET) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ChinaNet Online Holdings earned a news impact score of 0.07 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 46.2217393273019 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

ChinaNet Online Holdings (NASDAQ:CNET) traded down 0.85% during midday trading on Thursday, reaching $1.17. 31,271 shares of the company’s stock were exchanged. ChinaNet Online Holdings has a 52 week low of $0.90 and a 52 week high of $1.99. The firm’s market capitalization is $14.44 million. The firm’s 50 day moving average is $1.12 and its 200 day moving average is $1.16.

ChinaNet Online Holdings Company Profile

ChinaNet Online Holdings, Inc is a holding company that conducts its primary businesses through its subsidiaries and operating entities (the variable interest entities (VIEs)). The Company is a business-to-businesses (B2B), integrated Internet technology company providing online-to-offline (O2O) sales channel expansion, precision marketing and the related data services for small and medium-sized enterprises, and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China.

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