Somewhat Positive Press Coverage Somewhat Unlikely to Affect Blount International (BLT) Share Price
Media coverage about Blount International (NYSE:BLT) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blount International earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the industrial goods maker an impact score of 46.0548390569639 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Blount International (NYSE:BLT) remained flat at $10.00 during midday trading on Friday. 1,432,989 shares of the company’s stock traded hands. Blount International has a 12 month low of $9.88 and a 12 month high of $10.01. The company’s 50-day moving average is $10.00 and its 200 day moving average is $10.00.
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Blount International Company Profile
Blount International, Inc (Blount) designs, manufactures, and markets equipment, replacement and component parts, and accessories for professionals and consumers. The Company operates in two business segments: Forestry, Lawn, and Garden (FLAG) segment, and Farm, Ranch, and Agriculture (FRAG). The FLAG segment manufactures and markets cutting chain, guide bars and drive sprockets for chain saw use, and lawnmower and other cutting blades for outdoor power equipment.
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