Nortek (NTK) Receiving Somewhat Favorable News Coverage, Analysis Shows

Media coverage about Nortek (NASDAQ:NTK) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nortek earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 46.3181148741379 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Nortek stock traded down $0.05 during trading hours on Monday, reaching $85.94. The stock had a trading volume of 259,100 shares, compared to its average volume of 82,584. Nortek has a 52 week low of $33.85 and a 52 week high of $88.30.

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About Nortek

Nortek, Inc (Nortek) is a diversified company delivering technology-driven products and solutions for lifestyle improvement at home and at work. The Company’s segments include the Air Quality and Home Solutions (AQH), which manufactures, markets and distributes room and whole house ventilation products; the Security and Control Solutions (SCS), which manufactures and distributes an array of products for residential applications; the Ergonomic and Productivity Solutions (ERG), which includes computer workstations with ergonomic features; the Residential and Commercial HVAC (RCH), which manufactures and sells split-system and packaged air conditioners; the Custom and Commercial Air Solutions (CAS), which designs, manufactures and sells custom heating, ventilation and air conditioning products and systems, and Audio, Video and Control Solutions (AVC), which manufactures and markets an array of products and solutions primarily for the residential audio, video automation and control.

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