Somewhat Positive Media Coverage Somewhat Unlikely to Affect Northwest Pipe (NWPX) Stock Price

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Press coverage about Northwest Pipe (NASDAQ:NWPX) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northwest Pipe earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 46.4293609411458 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

NWPX has been the subject of several recent research reports. ValuEngine lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research raised shares of Northwest Pipe from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th.

Shares of Northwest Pipe traded down $0.43, hitting $18.55, during trading hours on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 61,068 shares, compared to its average volume of 28,164. Northwest Pipe has a 1-year low of $14.60 and a 1-year high of $22.00. The firm has a market capitalization of $184.77 million, a P/E ratio of -28.54 and a beta of 1.12.

About Northwest Pipe

Northwest Pipe Company manufactures engineered steel pipe water systems in North America. It produces large-diameter, high-pressure, and engineered welded steel pipeline systems for use in drinking water infrastructure; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and structural applications.

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