News stories about GrafTech International (NYSE:GTI) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GrafTech International earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the industrial goods maker an impact score of 45.2899589644196 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
GrafTech International remained flat at $$5.05 during mid-day trading on Friday, Marketbeat.com reports.
Get GrafTech International alerts:
Separately, BMO Capital Markets started coverage on shares of GrafTech International in a research note on Monday, May 14th. They issued an “outperform” rating for the company.
About GrafTech International
GrafTech International Ltd. (GTI) is a manufacturer of graphite electrodes, products essential to the production of electric arc furnace (EAF) steel and other ferrous and nonferrous metals. The Company produces needle coke products, which are the primary raw material needed in the manufacture of graphite electrodes.