Media headlines about China Lending (NASDAQ:CLDC) have trended somewhat positive on Sunday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Lending earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.1637166933341 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Amway faces crackdown after making China a billion-dollar market (staradvertiser.com)
- China’s IPO strength isn’t extending to equity capital markets: Gadfly (afr.com)
- Internet users in China expect to be tracked. Now they want privacy (sfgate.com)
- China wants an “orderly exit” from bitcoin mining (qz.com)
- China’s Ping An Saw Stock Market Capitalization Climb Whopping $101B in 2017 (insurancejournal.com)
Separately, ValuEngine upgraded shares of China Lending from a “hold” rating to a “buy” rating in a report on Friday, December 1st.
Shares of China Lending (CLDC) traded down $0.17 during mid-day trading on Friday, hitting $3.06. 56,646 shares of the company were exchanged, compared to its average volume of 38,661. The company has a quick ratio of 13.32, a current ratio of 13.32 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $72.70, a PE ratio of -20.40 and a beta of -0.38. China Lending has a 52-week low of $2.00 and a 52-week high of $8.30.
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About China Lending
China Lending Corporation, formerly DT Asia Investments Limited, is engaged in providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the People’s Republic of China. The Company offers loans to industries, including commerce, service, supply chain finance, manufacturing, real estate, mineral and energy, and others.
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