Media stories about MagneGas Corporation (NASDAQ:MNGA) have been trending somewhat positive on Wednesday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MagneGas Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 46.7713838793486 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine upgraded MagneGas Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 12th.
MagneGas Corporation (NASDAQ MNGA) opened at $0.43 on Wednesday. The company has a quick ratio of 0.28, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. MagneGas Corporation has a 1 year low of $0.40 and a 1 year high of $6.70.
MagneGas Corporation Company Profile
MagneGas Corporation is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company is also developing the use of fuel for co-combustion with hydrocarbon fuels to reduce emissions.
Receive News & Ratings for MagneGas Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MagneGas Corporation and related companies with MarketBeat.com's FREE daily email newsletter.