China Information Technology (CNIT) Given Coverage Optimism Score of 0.36

Media stories about China Information Technology (NASDAQ:CNIT) have been trending positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. China Information Technology earned a media sentiment score of 0.36 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 45.0228281411988 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Shares of China Information Technology (NASDAQ:CNIT) traded up 2.9445% on Friday, reaching $0.9999. 132,277 shares of the company traded hands. The firm’s 50 day moving average is $0.92 and its 200 day moving average is $0.85. China Information Technology has a one year low of $0.57 and a one year high of $1.18. The company’s market capitalization is $40.23 million.

Separately, ValuEngine upgraded shares of China Information Technology from a “sell” rating to a “hold” rating in a research note on Friday, July 28th.

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China Information Technology Company Profile

China Information Technology, Inc (CNIT), formerly China Information Security Technology, Inc, specializes in geographic information systems (GIS), digital public security and hospital information systems. CNIT manages its operations in the development areas of China including the South, the North, the East, the Central, the Southwest, the Northwest China, as well as the Northeast.

Insider Buying and Selling by Quarter for China Information Technology (NASDAQ:CNIT)

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