Press coverage about Ossen Innovation Co (NASDAQ:OSN) has been trending positive recently, Alpha One Sentiment Analysis reports. Alpha One, a division of Accern, identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ossen Innovation Co earned a news impact score of 0.44 on Alpha One’s scale. Alpha One also assigned media headlines about the construction company an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near term.
Shares of Ossen Innovation Co (NASDAQ:OSN) traded down 1.76% on Thursday, reaching $2.06. The company had a trading volume of 31,535 shares. The company has a market capitalization of $13.59 million, a price-to-earnings ratio of 2.82 and a beta of 0.58. The stock has a 50 day moving average price of $2.09 and a 200-day moving average price of $2.16. Ossen Innovation Co has a 12 month low of $1.92 and a 12 month high of $3.54.
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Ossen Innovation Co Company Profile
Ossen Innovation Co, Ltd. is a holding company. The Company manufactures and sells an array of plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials. The Company’s materials are used in the construction of bridges, highways and other infrastructure projects in the People’s Republic of China and internationally.
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