News stories about Semiconductor Manufacturing International (NYSE:SMI) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Semiconductor Manufacturing International earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.0749196564339 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded Semiconductor Manufacturing International from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. Bank of America downgraded Semiconductor Manufacturing International from a “buy” rating to an “underperform” rating in a research note on Wednesday, November 15th. Credit Suisse Group downgraded Semiconductor Manufacturing International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, November 7th. Daiwa Capital Markets downgraded Semiconductor Manufacturing International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, HSBC downgraded Semiconductor Manufacturing International from a “hold” rating to a “reduce” rating in a research note on Wednesday, November 15th. Ten investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Semiconductor Manufacturing International presently has an average rating of “Sell”.
Semiconductor Manufacturing International (NYSE SMI) traded up $0.22 during midday trading on Friday, reaching $6.82. The company had a trading volume of 289,316 shares, compared to its average volume of 624,849. The company has a current ratio of 1.87, a quick ratio of 1.52 and a debt-to-equity ratio of 0.45. Semiconductor Manufacturing International has a one year low of $4.49 and a one year high of $9.14. The stock has a market cap of $6,344.82, a PE ratio of 27.28, a PEG ratio of 3.58 and a beta of 0.39.
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Semiconductor Manufacturing International Company Profile
Semiconductor Manufacturing International Corporation is an investment holding company principally engaged in the computer-aided design, manufacture, packaging and trading of integrated circuits (IC), as well as the provision of other semiconductor services. The Company is also involved in the design and manufacture of semiconductor masks.
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